StarTex Power
| Company type | Private |
|---|---|
| Industry | Electricity retail |
| Founded | 2004 |
| Founder | Marcie Zlotnik, Bob Zlotnik |
| Defunct | 2018 |
| Fate | Acquired by Constellation (An Exelon Company) |
| Headquarters | Houston , United States |
Area served | Texas |
Number of employees | 150 |
| Parent | Constellation (An Exelon Company) |
StarTex Power operated as a retail electricity provider based in Texas from 2004 until 2018, with its main office located in Houston, Texas.
History
StarTex Power was established in 2004 by Marcie and Bob Zlotnik, following the deregulation of the Texas electricity market in 2002. Marcie Zlotnik had earlier co-founded and held the position of president at Gexa Energy, another company in the retail electricity sector. In 2011, Constellation (An Exelon Company) acquired StarTex Power, and the StarTex brand was officially retired on June 20, 2018.
The Company
Serving close to 170,000 residential and commercial clients, StarTex Power collaborated with several partners to provide the StarTex Power Green program.
In 2009, it achieved the top ranking for customer satisfaction according to JD Power and Associates. The following year, the company earned the Better Business Bureau Pinnacle Award for excellence in customer service and ethical standards. Additionally, in 2010, StarTex was recognized as a Houston Chronicle Top Workplace after introducing an employee stock ownership plan and emphasizing workforce development.
On May 27, 2011, Constellation Energy announced its intent to acquire StarTex Power, finalizing the transaction on June 1, 2011. After the acquisition, StarTex retained its Houston headquarters along with approximately 150 employees.