Strong Market Presence Compare Power has established itself as the most highly-rated online platform for energy plan comparison in Texas, with over 80,000 verified reviews and more than 2 million orders processed, indicating a large and engaged customer base ripe for upselling or cross-selling opportunities.
Focus on Customer Satisfaction With a clear mission to help Texans find the best electricity plans and a high customer rating, the company demonstrates a customer-centric approach, making it an ideal partner for service enhancements, loyalty programs, or bundled energy solutions.
Recent Leadership Expansion The hire of a new Chief Operating Officer in January 2022 highlights growth and strategic focus, suggesting potential avenues for introducing innovative products, expanding service offerings, or investing in technology-driven customer engagement tools.
Tech-Enabled Platform Utilizing a modern tech stack including cloud services, CMS, and customer engagement tools, Compare Power is well-positioned to incorporate new digital solutions or data-driven insights, creating opportunities for customized marketing, targeted campaigns, or SaaS partnerships.
Growing Revenue Streams With annual revenues estimated between $25 million and $50 million, the company presents a considerable opportunity for sales of energy-related products, expanded services, or referral partnerships aimed at both residential and business customers in Texas.