Houston, Texas · Since 2019

Our Story:
Chariot Energy

A Texas retail electricity provider for homes and businesses, built on clear plans and responsive support, and backed by Hanwha Energy USA.

A high-voltage transmission tower against an orange texas sunset
2024Energy Retailer of the YearEnergy Marketing Conferences (EMC)

Powering Customers with Greater Confidence

Chariot Energy is a Texas-based retail electricity provider serving residential, commercial and industrial customers with straightforward plans, responsive support and experienced energy market capabilities.

As part of Hanwha Energy USA and the broader Hanwha Group, Chariot operates within a global network of energy, infrastructure, manufacturing and technology businesses. That connection gives Chariot access to deep industry knowledge and complementary capabilities that support dependable service in an increasingly complex energy market.

Built to Serve Customers More Clearly

Chariot Energy was established in Houston in 2019 as the first retail electricity provider in ERCOT to offer only low-priced 100% green plans, with a transparent, accessible and customer-focused approach to retail electricity.

From the beginning, Chariot has focused on helping customers understand their energy options and select plans that fit their needs. Today Chariot powers more than 3,000 Texas businesses, along with homes across the state, with solutions ranging from straightforward fixed-rate electricity plans to customized supply arrangements for organizations with more complex requirements.

Connected to a Global Energy Network

Chariot Energy is part of Hanwha Energy USA, a U.S. energy company that brings together Hanwha capabilities at critical points across the energy system:

  • Renewable energy development
  • Power generation and infrastructure
  • Wholesale and retail energy markets
  • Power marketing, pricing and risk management
  • Data center and large-load energy infrastructure
  • Asset management and digital energy capabilities

Across the broader Hanwha Group, Qcells adds solar manufacturing and battery energy storage. These capabilities can be coordinated around specific market and customer needs, expanding the range of knowledge and resources available to Chariot and its customers.

Hanwha group named to the time100 most influential companies of 2024

A Fortune Global 500 company. Hanwha Group is a Fortune Global 500 company, and in 2024 it was named to TIME’s list of the 100 Most Influential Companies. Read the announcement.

Where the 174 Power Global name comes from. Chariot’s parent company was formerly known as 174 Power Global. Its development business now operates under the Hanwha Renewables brand within Hanwha Energy USA, and Chariot’s legal entity remains 174 Power Global Retail Texas, LLC.

From Building Energy Infrastructure to Serving Customers Directly

Hanwha has steadily expanded across the energy value chain, building experience in infrastructure, renewable development, power generation, energy markets and customer service. Chariot represents the customer-facing part of that story. As a retail electricity provider, Chariot helps translate broad energy market capabilities into practical solutions for homes and businesses.

That connection supports Chariot’s ability to navigate changing market conditions, draw on broader supply, pricing and risk-management expertise, and support commercial and industrial customers with complex requirements. Read more about Hanwha Group and what guides Chariot.

  • 2019

    Chariot Energy launches in ERCOT
    • 174 Power Global Retail Texas, LLC is formed to launch in ERCOT, doing business as Chariot Energy.
    • Chariot becomes the first retail electricity provider in ERCOT to offer only low-priced 100% green plans.
    • Chariot signs a power purchase agreement with its parent company to acquire renewable energy certificates from the 180 MW Oberon solar project in Odessa, Texas, developed by 174 Power Global.
  • 2020

    Top rated by Texas customers
    • Earns a perfect 5 out of 5 stars on Power to Choose.
    • Voted a Top 3 Best Retail Electricity Provider by Houston Chronicle readers.
    • Ranked 2nd Best by Electricity Ratings, a long-standing consumer electricity shopping portal.
  • 2023

    Building commercial capabilities
    • Reaches a 10% share of ERCOT’s residential solar buyback market, in collaboration with Qcells.
    • Launches in-house commercial and industrial sales, plus trading and supply divisions.
    • Earns Better Business Bureau accreditation with an A+ rating.
  • 2024

    Energy Retailer of the Year
    • Named Energy Retailer of the Year by Energy Marketing Conferences (EMC).
    • Voted a Top 3 Best Retail Electricity Provider by Houston Chronicle readers.
    • Acquires a large commercial portfolio under the newly launched Chariot Resources, serving large commercial and industrial customers.
  • 2025

    Recognized for growth
    • Voted a Top 5 Best Retail Electricity Provider by Houston Chronicle readers.
    • Awarded Gold Tier Recognition as one of the Best Electricity Suppliers of 2025 by Texas Electricity Ratings.
    • Recognized as one of Houston’s fastest-growing companies in the Houston Business Journal Fast 50 Awards.
  • 2026

    Expanding beyond Texas
    • Expands into the Northeastern United States through Powervine Energy.
    • Finishes 3rd, with a Silver Trophy, in the 2026 Best Texas Electricity Providers.
    • Named a Top 5 Best Electricity Company in Houston in the Houston Chronicle’s Best of the Best Awards.
    • Becomes the official electricity provider for Sam Houston Race Park.
    • Named Retail Electricity Provider of the Month (August 2026) by Power Wizard.
    • Parent company Hanwha Energy USA agrees to acquire Ector County Generation, a 324 MW natural gas plant in ERCOT’s West Zone.
  • Today

    More than 3,000 Texas businesses

    Chariot Energy powers more than 3,000 Texas businesses and homes across the state, with 7+ years in service and PUCT Certificate No. 10260.

Here’s the Bright Side

Clear, Customer-Focused Options

Whether a customer needs a fixed-rate residential plan, electricity for a small business or a more sophisticated commercial supply arrangement, Chariot works to make the process easier to understand. See business electricity plans.

Connected Capabilities

As part of Hanwha Energy USA, Chariot can draw on relevant expertise across energy supply, power markets, infrastructure, development and risk management.

Greater Confidence in Execution

Chariot combines customer-focused service with the backing of a global organization experienced in delivering complex energy and infrastructure projects.