Agera Energy.

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Agera Energy

Agera Energy was a provider of natural gas and electricity to commercial, industrial, and residential customers. They were headquartered in New York and at its peak, it had over 1 million customers generating 36.9 million dollars in sales. Agera Energy was formed through a bankruptcy purchase of former retail electric provider, Glacial Energy, that had over $700 million in annual revenue prior to filing for bankruptcy protection. Investors who purchased Glacial Energy assets then formed Agera Energy.

Agera Energy Plan Types

Agera Energy offered many different rate options as a supplier but was famous for its low-priced fixed-rate plans. As an alternative to the local utility, they grew quickly by offering only fixed-rate plans to their customers. They focused on energy solutions tailored to their customer’s needs and provided outstanding customer service.

Agera Energy Challenges

Agera Energy eventually faced several problems resulting in little or even negative profits from their customer base. They failed to provide adequate energy from renewable resources and were heavily fined by the state’s regulatory committee for non-compliance. The final blow was when they were forced to issue refunds to their Connecticut customers when officials discovered they had been overcharging them for several years. Agera Energy filed for bankruptcy protection in the Southern District of New York on October 4, 2019.

Agera Sells to Constellation Energy

In response to its problems, Agera Energy sold its assets for $26.5 million dollars to Constellation NewEnergy, a subsidiary of Exelon Corp. Following the sale, all customers of Agera Energy were transferred to Constellation. Some larger customers, however, that were on very low fixed-rate plans with Agera, were not accepted by Constellation, and they were forced to turn to other retail suppliers for energy.

How To Compare Energy Rates:

Are you ready to compare electricity plans for your home or business? We offer the best electricity plans from the top retail electricity providers. Now, there are several electricity plan options offered, and knowing your options is a great start to finding the best plan. Here are some of the common electricity plans our energy suppliers offer:


Fixed Rate Electric Plans

Fixed-rate electricity plans allow residents and businesses to lock-in electricity unit costs at a certain $/kWh for a contract period term. This provides price certainty and a relatively simple way to budget for energy costs.


Residential & Commercial Plans

Our site also gives residents the option to choose between residential electricity rates and commercial electricity rates. Commercial businesses even have the ability to request a custom quote that is tailored to the business's individual usage.


No Deposit Electricity Plans

Some energy providers require customers to put down a deposit when they sign up for an electricity plan. Our site allows you to filter plans that do not require a deposit, so you can sign up with an electricity provider on your terms.


100% Green Plans

Are you looking for a green electricity plan? Our site displays rates from some of the leading green energy suppliers in the country. Whether you want electricity generated from wind or solar, you can easily sort by 100% renewable plans.

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