FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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                      	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

Maxwell W Keith III	2. Issuer Name and Ticker or Trading Symbol

Spark Energy, Inc. [ SPKE ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Interim CEO	
(Last)         (First)         (Middle)

12140 WICKCHESTER LANE, SUITE 100, 	3. Date of Earliest Transaction (MM/DD/YYYY)

3/13/2020		
(Street)

HOUSTON, TX 77079
(City)       (State)       (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)

 	6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person	

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned	
1.Title of Security
(Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code
(Instr. 8)	4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)	
			Code	V	Amount	(A) or (D)	Price				
Class A Common Stock 	3/13/2020 	 	P	  	6000 	A	$7.78 (1)	2606000 	D 	 	
Series A Preferred Stock 	3/13/2020 	 	P	  	1000 	A	$20 	5000 	D 	 	

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code
(Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	6. Date Exercisable and Expiration Date	7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)	8. Price of Derivative Security
(Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)	
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares					

Explanation of Responses:	
(1) 	The price reported in Column 4, is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.38 to $8.03, inclusive. The reporting person undertakes to provide to Spark Energy, Inc., any security holder of Spark Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
Maxwell W Keith III
12140 WICKCHESTER LANE, SUITE 100
HOUSTON, TX 77079	X	X	Interim CEO		
Retailco, LLC
12140 WICKCHESTER LANE
SUITE 100
HOUSTON, TX 77079		X			
TxEx Energy Investments, LLC
12140 WICKCHESTER LANE
SUITE 100
HOUSTON, TX 77079		X			

Signatures		
/s/ W. Keith Maxwell III, by James G. Jones II, Attorney-in-Fact		3/16/2020	
**Signature of Reporting Person		Date
	
/s/ W. Keith Maxwell III, Chief Executive Officer of Retailco, LLC		3/16/2020	
**Signature of Reporting Person		Date
	
/s/ W. Keith Maxwell III, Chief Executive Officer of TxEx Energy Investments, LLC		3/16/2020	
**Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).	
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.	

POWER OF ATTORNEY
FOR EXECUTING FORM ID, FORMS 3, FORMS 4 AND FORMS 5,
FORM 144 AND SCHEDULE 13D AND SCHEDULE 13G
The undersigned hereby constitutes and appoints James G. Jones II and Dominique R. Colvard,
or any one of them acting without the others, with full power of substitution, as the
undersigned's true and lawful attorney-in-fact to:
(1)    Execute for and on behalf of the undersigned a Form ID (including amendments
thereto), or any other forms prescribed by the Securities and Exchange
Commission, that may be necessary to obtain codes and passwords enabling the
undersigned to make electronic filings with the Securities and Exchange
Commission of the forms referenced in clause (2) below;
(2)    Execute for and on behalf of the undersigned any (a) Form 3, Form 4 and Form 5
(including amendments thereto) in accordance with Section 16(a) of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), (b) Form 144
(including amendments thereto) and (c) Schedule 13D and Schedule 13G
(including amendments thereto) in accordance with Sections 13(d) and 13(g) of
the Exchange Act, but only to the extent each form or schedule relates to the
undersigned's beneficial ownership of securities of Spark Energy, Inc. or any of
its subsidiaries;
(3)    Do and perform any and all acts for and on behalf of the undersigned that may be
necessary or desirable to complete and execute any Form ID, Form 3, Form 4,
Form 5, Form 144, Schedule 13D or Schedule 13G (including amendments
thereto) and timely file the forms or schedules with the Securities and Exchange
Commission and any stock exchange or quotation system, self-regulatory
association or any other authority, and provide a copy as required by law or
advisable to such persons as the attorney-in-fact deems appropriate; and
(4)    Take any other action in connection with the foregoing that, in the opinion of the
attorney-in-fact, may be of benefit to, in the best interest of or legally required of
the undersigned, it being understood that the documents executed by the attorney-
in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in
the form and shall contain the terms and conditions as the attorney-in-fact may
approve in the attorney-in-fact's discretion.
The undersigned hereby grants to the attorney-in-fact full power and authority to do and perform
all and every act requisite, necessary or proper to be done in the exercise of any of the rights and
powers granted herein, as fully to all intents and purposes as the undersigned might or could do if
personally present, with full power of substitution or revocation, hereby ratifying and confirming
all that the attorney-in-fact shall lawfully do or cause to be done by virtue of this Power of
Attorney and the rights and powers granted herein.  The undersigned acknowledges that the
attorney-in-fact, in serving in such capacity at the request of the undersigned, are not assuming
(nor is Spark Energy, Inc. assuming) any of the undersigned's responsibilities to comply with
Section 16 of the Exchange Act.
The undersigned agrees that the attorney-in-fact may rely entirely on information furnished
orally or in writing by or at the direction of the undersigned to the attorney-in-fact.  The
undersigned also agrees to indemnify and hold harmless Spark Energy, Inc. and the attorney-in-
fact against any losses, claims, damages or liabilities (or actions in these respects) that arise out
of or are based upon any untrue statements or omissions of necessary facts in the information
provided by or at the direction of the undersigned, or upon the lack of timeliness in the delivery
of information by or at the direction of the undersigned, to the attorney-in fact for purposes of
executing, acknowledging, delivering or filing a Form ID, Form 3, Form 4, Form 5, Form 144,
Schedule 13D or Schedule 13G (including amendments thereto) and agrees to reimburse Spark
Energy, Inc. and the attorney-in-fact on demand for any legal or other expenses reasonably
incurred in connection with investigating or defending against any such loss, claim, damage,
liability or action.
This Power of Attorney shall remain in full force and effect until the undersigned is no longer
required to file Form ID, Form 3, Form 4, Form 5, Form 144, Schedule 13D and Schedule 13G
(including amendments thereto) with respect to the undersigned's holdings of and transactions in
securities issued by Spark Energy, Inc., unless earlier revoked by the undersigned in a signed
writing delivered to the attorney-in-fact.  This Power of Attorney does not revoke any other
power of attorney that the undersigned has previously granted.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as
of the date written below.
By: W. Keith Maxwell III

/s/ W. Keith Maxwell III

DATE:     3/16/2020
        EXHIBIT 24
    1
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