Base Power Launches Commercial Electricity Plans In Texas, Reimbursing Up To $350 In Other REPs' Termination Fees For Small Business Switches

Base Power formally launched commercial electric service in Texas under Base Energy for Business.

"Base Energy for Business brings the same fixed-rate, no-hidden-fee model it built for residential members to small, medium, and large commercial accounts," Base said

Base said that commercial customers who have already switched to Base under a commercial pilot are paying an average of 19% less than their previous rate.

"The savings come from Base's business model. Base operates a network of home batteries that charge when demand on the grid is low and send power back when demand is high. That revenue comes back to members as a lower rate. Now businesses can access the low rates with no upfront costs," Base said

Base states on its website, "Most energy providers are resellers that buy electricity at market rate and pad their margin. When demand spikes on a hot Texas afternoon, they pass that cost to your business in the form of a higher rate."

Base informs prospective commercial customers that Base may be able to cover or otherwise assist with any termination fee that the customer has with their current REP

For small and medium businesses, Base states that it can cover up to $350 in cancellation fees from the customer's current REP. "That's applied automatically, with no reimbursement paperwork," Base said

Larger customers are encouraged to contact Base for a specific consultation on termination fee assistance

"For small and medium businesses, Base offers straightforward fixed-rate commercial contracts with transparent pricing and no auto-renewal surprises. Large commercial and industrial accounts, multi-site operators, office parks, and properties with complex meter configurations have access to negotiated pricing, multi-meter batch enrollment, and a dedicated energy advisor team," Base said

Base powers more than 30,000 homes across Texas and has raised over $2.5 billion, including a $1 billion Series D earlier this month. The company operates as a licensed retail electricity provider in the ERCOT market and as previously reported recently expanded to Illinois.