Category: Energy Made Easy

Kids bored already?

 
Break out of the monotony this summer by organizing a competition between family members that will build excitement for vacations, family outings, or valued prizes.  The contest is simple and involves doing worthwhile things such as researching to find the cheapest electric company and adopting a renewable energy project.  Besides having fun with this friendly challenge, you will cut the cost of your electricity bill, even if your AC is battling the sweltering Texas heat.  In Dallas, Houston, and everywhere else in Texas, teachers are hoping students will keep their minds active over the summer.  This exciting activity can also keep the kids on their toes while school is out.

Style the competition so that it works for your family and everyone has an age-appropriate activity.  Here’s an example of a contest that could work in a household with three children above age 8, for instance:

Challenge everyone in the family to come up with a way to conserve energy, and the person who finds the idea that can be calculated to save the most money gets to choose an important detail about the family vacation destination or pick a favorite restaurant to go to for a night out.  There could be a prize for everyone; the trick is to make the top awards the most desirable for everyone.

Each family member can come up with their own conservation plan or you can put each of the following ideas into a jar for a drawing and give out awards according to who does the most outstanding job with their project – in this scenario, let an objective third party be the judge.  Imagine your kids actually helping you save money for a change!

 

Utility Crusade:   Find out which is the cheapest electric company and switch.

Some electric companies are just cheaper than others.  Why not save money on every turn of the meter by choosing the company with the lowest rates?  You can often sign on to a one- or two-year commitment which provides guaranteed rates.  Find out which utility company offers the least expensive price per kilowatt of electricity.  Compare power companies here.

 

Quest for Clean Energy:  Research to identify a renewable energy investment that makes sense for your family.

The government at the federal, state, and local levels can come to the aid of Texans, from Houston to Dallas and everywhere else, by assisting with the purchase of solar energy.  Advocates of renewable energy are currently excited about new energy buyback and leasing programs being offered by retail utility companies in Texas to motivate more homeowners to switch to solar energy.  Whether it’s solar, wind, or some other renewable resource, investigate which is the best project to benefit the family.

 

Beefed up Insulation:  Research the benefits and costs of improved insulation and weatherization.

A lot of energy is wasted because hot air leaks into your home in the summer and the cold air invades in winter.  Find what it would cost to add more insulation in the attic, make windows better insulated, etc., as well as how much each upgrade would potentially save in monthly electric bills.

 

Battle of the Bulbs:  Compare costs and savings related to switching to more efficient lighting.

Only 10% of standard (old-fashioned) light bulbs provide light, and the rest of the energy produces heat.  Look into alternatives for lighting the home with more efficient bulbs, such as switching to using more fluorescent lighting.

 

Pump Diversion Tactics:  Figure out ways to save on gasoline, including purchasing a new vehicle.

If you have a teen who is driving or looking forward to it, this may be their ideal assignment.  Figure out all the best ways to cut down on costs at the pump, from walking to the corner store instead of driving to purchasing a new, more energy efficient automobile.

Tweak your family competition so that everyone enjoys learning and trying to win some coveted prize.  Then follow through on some of the energy-saving discoveries made.  In the end, you’ll be able to sit back and enjoy smaller energy bills from the cheapest electric company while reminiscing about the fun your family had together this summer finding ways to save money.  Share this with your Facebook friends, and see who else joins the challenge!

 

Searching for the best electric rates and plans in Texas?

Here’s why Powertochoose.org could end up costing you more than just time.

Any product, company, or organization names, marks or logos shown on this page are the property of their respective owners. ComparePower is an unaffiliated, independent marketplace.

They’ll let anyone in the door…

Powertochoose.org: The State of Texas’ Public Utility Commission has created this website that lists nearly every electric plan available in Texas. When we last checked, we found over 260 plans from 64 different providers. While at first, this may sound like a good place to search for your electric plan, the lack of provider screening and the single-purpose nature of this website may actually land you with a plan you wish you’d never signed up for.

As a State-run website, their service is open to every single energy provider registered to compete in the deregulated Texas electricity marketplace. Who are all these companies, you might ask? Who knows! They could have started the business a month ago. PowerToChoose lists an Energy Score Card – but all that relates to is the number of complaints “per capita” – the number of formal PUC complaints filed per active customer.

Powertochoose allows every registered REP (Retail Electric Provider) to list their plans on the website… even the companies who have just started in business and may be very likely to fail.  And while you usually get notice and can find an alternate supplier, you could be left with a ridiculously high-priced plan from the local Provider of Last Resort (POLR) if your provider does actually go belly-up.

And how many of these random companies are going to have the infrastructure in place to handle a huge influx of customers? In fact, both OnPac energy actually decided to pull their plans down from powertochoose because they could not handle the giant rush of customers signing up for the plans they listed on powertochoose.org.

Because there is no screening of the providers offered on the PUC website, they leave you on your own for ensuring you sign up with a company that’s likely to stay in business and has the infrastructure in place to provide excellent customer service.

Look for providers your friends may be using or those you’ve heard good things about. They’ve probably been around for a while. They probably know what it takes to survive in a very competitive market:  Great customer service, competitive pricing, and legitimate business practices.

 

The Almighty “Electricity Facts Label”

The most powerful documents available to you when shopping for electricity in the Texas are the Electricity Facts Label and the Terms of Service.  These two documents contain valuable information about the plan you are considering, and every energy provider must disclose the information in these documents in a similar format.

The problem with powertochoose.org is in how these documents are accessed. Every time you want to see a facts label or the terms of service on that site, you’ll have to navigate to another webpage. This means the document loads in a new tab or in a new browser window. If that’s not annoying, I don’t what is. And if keeping track of numerous open windows isn’t enough, having to go back and forth between them while shopping is tough. How can you keep track of which plan you were viewing when you have 8 different windows open, all related to different plans?

 

Getting back to consumer-focused service

There is no choice history, nothing personalized for you, nothing beyond a price list.

So let’s say you successfully sift through 250+ plans from 64+ companies, all fighting for that top position on pricing. You find a provider that suits your needs and you sign up. Now what?  You’re on your own. The State site is done with you.

You’re linked off and there is no record of what you chose, how much you paid, or evidence of the plans agreements that were posted at the time of your signup. You get to start all over at the provider website by entering your zip code yet again, navigating another confusing pricing structure, and try to find that same plan you signed up for.

This would be like shopping on expedia.com, finding your flight, choosing to buy it, and then having to start the entire process all over again at the airline site, hoping that your flight is still there and that the pricing is still the same.

 

No screening, poor report card

How often do you call up the government to tell them about your great experiences?  The PUC site simply displays a complaint ratio of total customers to the number of complaints. Where are the actual details of the complaints?  How about those with positive experiences? They’re nowhere to be found.

You’re probably interested in what others have to say – both good and bad, not just a generic “star” rating without any details, right?  It’s important to research these numerous power companies from multiple angles.  Yelp, the Better Business Bureau, Verified customer reviews… all of these can help you better assess what you’re signing up for.

 

Overcoming these pitfalls is a click away

Fortunately, there is a much better option for quickly comparing the numerous electric providers and plans without a potential headache offered up at the PUC website.

ComparePower offers a unique experience that will help make your life as a deregulated energy consumer much easier and straightforward.

Pre-screened providers and rate plans

Find the very best providers and their very best plans. You won’t have to wade through advertising gimmicks and make 27 phone calls to discover your cheapest electric rate from a reputable provider.

Facts Labels and Terms of Service are embedded. When you want to review one of these important documents, you will see it right there next to the plan you are reviewing. No new windows. No Popups. Simple and easy.

You-centric.  Keep track of your choices over time and store these important plan documents in your account, safe and sound. Keep track of your usage history if you’d like, which will help you find the lowest electric rate for your average usage level when it’s time to signup again in the future.

Review company information of the electric providers and read real consumer reviews. Access summaries of social and community feedback on the various energy companies all in one place without hunting around on the Internet.

The key to getting the very best electric rate for your unique situation is educating yourself on the different facets of the deregulated energy industry. Whether we like it or not, this industry is a bit confusing, and it’s not getting any simpler. Educate yourself on how all this stuff works and use ComparePower’s consumer-centric comparison service to find a reputable, trusted supplier at the best possible rate.

 

Conclusion: Your turn to act.

Enter your zip code at the top of this page to enjoy a real apple-to-apples comparison marketplace that exposes all the gimmicks and helps you make the best decision possible with the least amount of time invested.

ComparePower works to save you money on your electric bills.

 

Looking to find your lowest possible electricity rate? This video shows you how to do it in record time with the help of ComparePower, a free service for consumers of electricity in areas where they have a choice in who provides their energy.

You’re not paying more for electricity than your neighbor is, are you?

Look, you probably know that comparing electric providers and signing up for a new rate plan can save you a lot of money.

But with all the tricky ads, teaser rates, and confusing terms out there, it’s hard to figure out which plan gives you the biggest bang for your buck.

Imagine taking the competing electric companies, with their fancy ads, complicated terms, and confusing pricing, and boiling their plans down into the things that really matter to you…the consumer… the one paying for this stuff.

That’s what ComparePower helps you do. We provide a free resource for quickly finding your best electric rate without any of the headache.

You can easily spend hours, even days, researching and comparing various electric providers when searching for your perfect plan, reading through the fine print and decoding all the details.

With ComparePower, this process takes less than 10 minutes.

We’ve already done the homework so you don’t have to make all the phone calls, wade through the gimmicks, and read countless documents searching for hidden fees.

We carefully evaluate the electric companies and find those with the best rates, terms, and customer feedback, and we put their all-inclusive pricing into a simple format that’s easy to understand.

This free information is updated live on our website, 24 hours a day.

And after you’ve signed up, ComparePower keeps working.

We constantly look out for changing rates, and we’ll alert you when it’s time to come back for a better deal.

Enter your zip code, compare your choices, and quickly land on your perfect plan.

Three steps and you’re done. Back to your day…confident that you aren’t overpaying.

Enter your zip code below to compare today’s live pricing from the different competing electric companies:

 

Deregulation is a Game Changer.  Do you really want to gamble with the price you’ll pay for your electricity?

Are you rolling the dice when it comes to getting a Cheap Electric Rate in the newly deregulated Sharyland Service area?

Some Sharyland electricity service areas (specifically Brady, Celeste, Colorado City, and Stanton service areas) have been deregulated and that’s left you with a lot of questions…

“Do I have to go with a retail provider?”

“How can I find the cheapest electricity rates in my area?”

Deregulation does involve a learning curve.  It means you will need to be more proactive and involved in your billing management because it’s not just the one company any more.

As the saying goes, “When there’s only one dealer, it’s house rules.”  That meant you got the bill, you paid the bill, and that’s all there was to it.  A regulated industry meant Sharyland Utilities did the controlling.  You had no say in anything, much less over how much you paid.

Deregulating certain Sharyland electricity service areas means a huge amount of upheaval at the beginning while everybody gets themselves sorted out but, ultimately, Sharyland electricity providers that provide a superior service at an excellent rate will rise while those who don’t,  won’t.

It also means that you have more power as a customer to choose:

  • a company based on how much green energy they use
  • a company that does not import power from outside the state or the company
  • a fixed-rate plan that sets the rate for a period of time regardless how the industry is performing as a whole.
  • a short-term or month-to-month plan so you’re not locked in

In the end, Sharyland electricity will be available to all residents of the deregulated Sharyland electricity service area at a rate they can afford.

 

Here’s where you gamble with Sharyland electricity rates

Las Vegas, Nevada, is famous for its electricity: the energy, the excitement, the entertainment, and naturally the gambling.  When you go to Vegas, you bring along a budget specifically for gambling, ideally money you can afford to lose, and you go rarely, as a special trip.

Home in Texas, “electricity” is something else entirely: it’s your favorite TV show, a home-cooked meal, and a cool home on a hot day.  Are you really okay gambling with your household budget each and every month?   Now that you live in a Sharyland electricity service area that has been deregulated, you just might be doing that!

Up to now, you’ve been dealing with one company for all your power-generating and distribution needs. Under deregulation, Sharyland Utilities, while still around, is more in the back seat:

  • Problem with the electricity coming to your home?   Call Sharyland Utilities.
  • Problem with the bill?   Call your Retail Electric Provider (also called an “REP”).
  • Problem with the electricity inside your home?  Well, that’s when you call an electrician.

Under the rules of deregulation, staying with Sharyland Utilities isn’t an option.  If you fail to choose an REP, then one will be chosen for you. This is like you in a Las Vegas casino handing your cards over to the dealer for play. Maybe you’ll benefit… probably you won’t.

The available pool of default electric providers consists of seven candidates, ranging from Champion, who topped J D Power and Associates’ 2013 Customer Satisfaction poll for Texas energy providers (that’s the fourth year running!) down to TXU, currently down near the bottom and notorious for their high prices.

When you are assigned to a default REP, you’re put on a month-to-month plan, meaning that your rate will go up and down and you won’t actually know how much you’re being charged per kilowatt-hour until you open the bill.  You won’t know if there is a charge for not having autopay on your account, for using telephone customer service, for paying by credit or debit card, all kinds of fun things could show up on the bill  – “Ladies and gentlemen, faites vos jours!”

 

So, how do you find the cheapest electricity rates in the Sharyland electricity service area?

But how would you even go about finding the cheapest electricity rates in Brady, Celeste, Colorado City, Stanton, Mission, McAllen, etc?

  • You could get the list of default REPs.
  • You could take time out of your day to call each and every one
  • You could put up with high-pressure sales tactics, customer services agents still fresh on the job, and misleading information
  • You could hope that you’ve covered all the information you need to know
  • You could hope you’re making the right choice.

On the other hand, you could enter your zip code, make a couple of quick clicks, and immediately see the REPs that are available in your area and that will suit your needs.

You’ll have access to the Terms of Service and the Facts Label.  Read them carefully and you’ll have all the information you need to know.  Better yet, you’ll see clearly where you need to question them more closely (hint:  look for phrases like “other fees or charges may apply”).  The cheapest electricity rates in the Sharyland electricity service area will be a lot quicker to find if you know how to avoid wasting time calling those who simply will not suit.

Don’t let someone else make your play for you. Enter your zip code to get the pricing and plan details you need for a winning strategy.

 

In some ways, a “Regulated” power industry is simple to deal with – they tell you how much you will pay and when your bill will arrive and you either say “okay” or you get yourself a couple of generators or a really complicated treadmill.

All jokes aside…being in a regulated power market means you’re at the mercy of the electricity provider when it comes to rates – you don’t have the power to choose even the slightest aspect of your electricity supply.

If you think the rate is too high or you’d maybe like to see more renewable energy sources, well… sorry. You don’t have many options when you’re in a regulated energy market.

 

What’s different about Deregulated energy in Texas?

Now, deregulation is a fine thing when it comes to increased market competition, flexibility for the consumer, and giving the consumer the power to choose when it comes to how their power will be generated, but it also means that the Texas power landscape suddenly got a whole lot more complicated!

Before, it was a simple arrangement where one company handled everything: power generation, distribution, and retailing. Now, it’s all fragmented. In Texas, power generation is handled by “these” companies; distribution (the wires and poles) is managed by “those” companies, and the Retail Electric Providers handle the reselling.

Instead of one major corporation handling “Everything Electric”, now you have to know whom to call and when:

 

For account and billing-related problems, you call your Retail Electric Provider.

TXU Energy, Direct Energy, Reliant, and Green Mountain Energy are examples of well-established Texas power retailers.

 

For power outages that are affecting the neighborhood, you call your Utility

Oncor Electric Service, Centerpoint Energy, AEP, and Texas New Mexico Power.  Unlike the resale end of things, you have no say in who’s handling the distribution – those areas are fixed, as you can see in this map put out by the Public Utility Commission.

 

For a power outage that affects your home only, you call an electrician.

Because of deregulation in Texas, power generation and sales have been completely shaken up from end to end.  It’s no longer a matter of paying “the rate”  – you might be on a longer-term, flat-rate contract or, most commonly, you might be on a plan where the rate varies periodically.  There are three general categories of electric plans:

Fixed-rate plans – exactly what it sounds like:  for the duration of your contract, you pay the same rate.  If rates go higher than yours, you save money.  If rates drop lower, you don’t.

  • Variable-rate – a variable rate plan changes from month to month based on the cost of generating electricity. You won’t know what you’re paying until the end of the month.  This can lead to a nasty surprise or a pleasant one.  You won’t know until you open the envelope.  The formula used to calculate the rate is crazy-complicated but it will be posted somewhere on your REP’s website or in the documentation.
  • Indexed rate plans – this is a variable rate plan on steroids that is rarely available.  If someone is trying to sell you an indexed rate plan, be aware that the price is tied to a commodity – usually natural gas – so prices can really jump around insanely.

 

Conclusion: Educate yourself and find savings and service

The best way to get into the plan that meets your needs is to educate yourself.  ComparePower is here to help you understand the market and how it impacts your choice when looking for the cheapest light company for your home or business.

I’ll admit it:  during a particularly rough spell in my life, I was forced into a lifestyle my parents would be mortified to discover.  It’s not something a girl likes to admit but … I did it.  It was tough, especially at the beginning.  Walking in my door in the wee hours of the morning, all I wanted was a hot shower to try and wash away the slimy feeling my job left under my skin and every day I woke up to a new shift, I felt another layer of morality burn away.  Yes, I was a telephone Customer Service Representative for a Retail Electric Provider.

Oh, you start with the best of intentions.  You really do believe the hype: “Provide excellent customer service”, “Leave the customer smiling”, “Customer satisfaction is priority one”, and so on.  You make sure your station is gleaming, you diligently sanitize everything at the end of each shift, and you carefully center your child’s school photo right where your eye will rest on it as you comfort, console, and assist your customers (and you truly believe they are “yours”). And then, the day your probation ends, your supervisor, who’d been glowing with compliments over your work, pulls you aside to discuss your call handle average, which really should be no more than three minutes from start to finish by now.

A month later, you couldn’t care less if the customer’s hair caught fire while talking to you and you’ve turned your child’s picture to face the wall so the guilt doesn’t kill you.  You’ve taken to using a “professional” name in case somebody you know calls in and recognizes you and when people ask you what you do for a living, you merely reply “Oh, I do telephone work” and give them a broad wink.  Somehow, it feels less dirty.

One of the things customers are always told is to demand to speak to a supervisor.  Let me tell you why that actually doesn’t work much of the time:  the floor supervisors, in the corporate scheme of things, are little more than glorified reps themselves.  In most cases, they don’t have any more authority than the newest agent in the cube farm and, in a rather astonishing number of cases, if you call back to speak to that supervisor, you’ll be informed by the switchboard that there’s no such person.

We did it all the time:  put the client on hold for a couple of minutes and relax.  Have some coffee, now gone cold.  Check the mani-pedi for chips, maybe use an emery board on a few rough edges.  Just relax.  Then, when you hear the agent next to you is off the line, you whisper “Hey!  Wanna be my supervisor?”  Back to the phone with “Thank you for holding, I have my supervisor on the line.  One moment while I transfer you”, put the phone on hold, pass your headset to the next door neighbor and go put your feet up until the customer has hung up on the “supervisor” in disgust.  That’s assuming you’re not acting as your neighbor’s supervisor!

If you truly want to speak to someone in charge, don’t bother trying to go in through the telephone rep.  Their sphere of influence is severely limited and the main priority is getting you off the line ASAP before you kill their average and possibly get them fired.  Instead, hang up and call the main switchboard and ask to speak with someone by name or position.  Remember:  you are the customer and you are entitled to be treated with competence, with dignity, and with respect.

You wouldn’t blindly sign up for a cell phone plan or a car loan without knowing all the details, would you?  Yet, each and every day, people sign up with a cheap electricity company without fully understanding what it is to which they’ve agreed.  They see the glittering promise of cheap electricity and jump at it like magpies on a shiny pebble only to get hammered with the cold, wet fish of reality when the bill comes in.  ComparePower is an example of a website that provides you with excellent information – but you have to know what it is you’re looking at.  Why is Company A’s rate so much lower than Company B’s?

Here’s what you need to know, neat and sweet, about cheap electricity:  you’re not just paying for the kilowatt hours.   Your Retail Electric Provider will also have other fees and charges you’ll be expected to cover, one way or another.  Your bill might include any or all of the following charges:

  • delivery of your electricity
  • dropping below a minimum usage
  • using certain methods of payment
  • accessing telephone customer service
  • not having autopay set up
  • paper billing
  • using renewable energy sources

Now you know why, even though Company A’s rate is so much lower than Company B’s, it still might wind up costing you more.   This holds particularly true if Company B doesn’t charge for what would normally be just part of doing business, such as paying by credit card or requiring a customer service agent to sort out the mess you’ve created by trying to do it yourself online.  When a cheap electricity company advertises incredibly low rates, they’re making up the difference somewhere.  No company starts up business intending to lose money.

Other points to keep in mind:

  • Beware of the “vanishing discount” where the heavily-promoted rate turns out to be merely an “introductory offer” that disappears very quickly (even without notice) or else requires a certain usage level.  Make sure you find out when that discount disappears and make a note of it somewhere prominent.
  • Ask your friends and relatives if they mind you looking at their electric bill, especially if they say they’re with a cheap electricity company.  If their household and lifestyle are similar to yours, then your bill should be in the same ballpark.  If it is an itemized bill, it will have the per-kilowatt hour; the delivery charge (which might be a flat rate or a blended rate with a flat rate base plus a per-kWh charge); and any line items all neatly spelled out.  If it’s a bundled rate, you’ll just see the aggregate total for the regular monthly charges plus any exceptional line items (such as NSF fees and so on) listed which may or may not apply.
  • While researching on ComparePower, read both the facts label and the Terms of Service.  While reading the Terms of Service, if there is mention of a fee or charge but it’s not specifically spelled out, make sure to call and ask. Be honest with yourself about how such fees and charges might impact your bill – if you’re a chronic late payer, a late payment fee that’s double the competition’s is going to be something you want to factor in, as would a fee for payment by credit card if you put everything on plastic.
  • Watch out for contract terms – that sexy kilowatt rate might be trying to trap you into a commitment for which you’re not ready.  It’s no good signing up for cheap electricity on a multi-year contract if you know you’re going to be moving in a year and then it’ll cost you to break the contract, cost you to disconnect the service, then cost you again to reconnect at your new home.
  • If you are not technologically savvy and frequently need Customer Service assistance, a company that charges to speak to an agent could send your bill over the top very quickly.

Sometimes, the promise of cheap electricity is not the only factor when considering which electric plan to choose. The good thing is that power to choose is yours!  For all the information and some really great tips, visit ComparePower today!

Prior to 2002, electricity plans in Texas fell into one of three categories: the electric company’s way, the way the electric company wanted it, and whatever the electric company said. After deregulation, Public Utility Commission of Texas decided that was too complicated a system, so now REPs have one of three ways they structure their plans, each of which has different contract terms as well as its own advantages and disadvantages.

Fixed Rate

The simplest plan is the Fixed Rate plan – this means that for the entire term of your contract, which is typically a minimum of three months but can go up to 24 months, your rate will not change. This is easy for you because there’s no real guesswork involved – you know what your rate is going to be when you wake up tomorrow and next week and next month right up until your contract term ends. Not so great if the rates drop and you end up paying more than everybody else, though, and of course you’re almost certain not to get the same rate if you re-up your contract. But you never know: you might luck into a lower rate.

Indexed rate

Then there’s the Indexed electric plan. This one can be on a monthly or term basis with a rate that’s calculated by a formula (which they will gladly share with you) with the base being the public index or some other publicly available information. Basically, if your rate is indexed to, say, the price of natural gas (which it often is), then it will go up and down in accordance with the cost of natural gas. The formulas the companies use to determine your rate are simplicity itself, such as this one from a major REP where the price of a kilowatt hour is:

[ Natural Gas Price ] x [ Seasonal Factor ]

+ Energy Charge

+ [ (Monthly charge + Monthly TDSP Meter Surcharge) ]  /  [Monthly bill kWh Use]

____

$$$ Price you pay $$$

As you can see, easily worked out in your head. Maybe. As you have no doubt also noticed, it’s that whole “dependant on the price of natural gas” thing that can sour you on the whole deal: during a recent heat wave, customers on Indexed plans saw their energy price double and even triple,  totally wiping out the great savings they’d enjoyed up to that point.

Variable rate

The third option is the Variable rate plan, the one that surprises you every month: did it go up? Did it go down? According to Schrödinger, only the act of observing can determine a fixed state so, technically, the rate is both higher and lower until you actually look at the bill and collapse the waveform. Isn’t that exciting? All kidding aside, even though the company generally isn’t obligated to notify you of any rate changes, historically the monthly variance has been nowhere near as wild as can happen with Indexed rate plans, so it can be a reasonable compromise between the locked-in stability of the Fixed Rate plan and the volatility of the Indexed plan.

Your power to choose

In Texas, power to choose is yours and it depends, ultimately, on you: your personality, your preferences, and your spending habits. If you’re a conservative type of person who likes to know exactly how much to budget each month, then the Fixed Rate is probably a better one for you. If you’re a devil-may-care, put-the-pedal-to-the-metal type, go ahead and fly with the Indexed plan. If you like a reasonable chance of savings with maybe not quite so much risk, then definitely you might like the Variable rate plan.

Just make sure to visit a site like Compare Power before you make your final selection – you can never go wrong with getting all the information you need for the best decision!

There is no question Texas is an inspiration to the rest of the nation these days, considering so many of the fastest-growing cities in the nation are within Texas state borders. But this rapid growth, beneficial as it is to the economy, comes at a heavy price – the electric grid is under an ever-increasing burden despite the fact that Texas leads the country in wind power generation.

dreamstimefree_117061According to the  US Department of Energy, Texas leads the way not just in energy production but also in energy consumption. In 2011, the average kWh per month in Texas was 473.58, compared to a national average of 380.5. The average kWh cost for Texas was 11.3 versus a national average of 12 cents – 0.7 may seem like a decent drop but when you look at the nearly 100 kWh difference in usage, there isn’t a whole lot of out-of-pocket saving. It’s important, not just for your pocketbook but for the nation and for the environment, to bring the rampaging overuse of electricity under control.

The first thing you want to do is conduct a home energy audit. Now, I don’t mean calling in the IRS – it’s not that kind of audit, although if it puts you in the mood and you can make it look good, feel free to don a black three-piece suit and sunglasses. Time to thank your grade school math teacher (or at least break out the calculator) because the formula for calculating kWh is:

(wattage × hrs per day used ) ÷ 1000 = daily consumption in kWh

Or you can just use that pencil and clipboard to tally up everything in your house and plug them into this handy-dandy little calculator.

Once you look at the result of the calculation, you’ll immediately see that hot water and climate control are the two largest drains on your power supply. Obviously, you’re not going to go taking an axe to your AC or kicking the water heater to the curb and switching to a plan with a lower average kWh cost maybe isn’t practical at this time, but, until it is, here are ten secrets to lowering your daily kWh consumption:

  1. Use your windows to your advantage: Keep your curtains wide open during the day and closed at night if the weather is cold, but do the opposite if the weather is hot. You want to keep the curtains closed during the day to block out the sun and you want to open them at night to radiate heat. You might even want to invest in special solar-ray blocking curtains.

  2. Use lower technology: fans are a great way to keep the air circulating and reduce the heat. If it’s not really that hot outside, shut off the AC and just keep the fans running.

  3. “It’s not the heat…”: And yeah – it’s the humidity. Use a dehumidifier and get some of that thickness sucked out of the air. When the air’s not so loaded, it’s easier to sweat and you’ll automatically feel cooler, which will allow you to bump up the AC a few notches.

  4. Using a clothes dryer should be against the law in Texas: use the natural fresh air and sunshine to your advantage and dry your laundry outdoors! Heck, why even use a stove or the oven when you can use a barbecue outside?

  5. Instead of showering and having to pay to heat up the tank again, either install an on-demand system or (why not?) hit the local swimming hole. Many people still have those old tube-style electronics, such as glass tube TVs and CRT monitors. Lose them and get in some energy-efficient LED or Plasma screens. In fact, with any piece of electronic equipment, if it’s running much hotter than it used to, that heat is electricity wafting away into the air on wings of greenbacks.

  6. Lose the incandescent bulbs and replace them with CFL. You’ll get the same light output at a fraction of the electricity.

  7. Even in hot weather, your house needs to be well insulated to keep temperatures right where they ought to be.

  8. Go online and check out the many DIY solar batch preheaters – in general, they use the sun to heat your water before it hits your tank. If the water is already hot when it goes into the water heater, the water heater doesn’t need to come on (or at least come on for quite as long). An added bonus is you have increased your hot water capacity – for free! Always make sure you research local building codes and, if necessary, get the consent of your landlord.

  9. Instead of filling a sink with hot water to wash the dishes, then draining it so you can fill it again to rinse or, worse, washing your dishes under a running tap, follow this method:

  • Fill a tupperware container with water, load it with dish soap, then squeeze in a sponge.
  • Wet down the dishes under the tap quickly while brushing off food residue, then shut off the water.
  • Use the sponge to wash the dishes – just leave them soapy
  • Once they’re all done, run the tap and rinse everything quickly using a spray attachment.
  • Voila – a whole sink of dishes washed and dried in a sanitary fashion using less than half a sink of water!

Reduce your electricity consumption by following these ten tips and, over the long run, your wallet will thank you and so will your poor, overworked electric grid!

Royalty-free image from www.sxc.hu , used with consent.

Buying your first new home build is no easy task.  It’s months of inconvenience, annoyance, and slogging through a messy jobsite.  It’s the phone ringing at all hours with nuisance questions.  It’s running back and forth to the site for damage control, decisions, approvals, and inspections and in amongst it all, there’s the signing of check after check.  A good amount of those checks are to cover the cost of on-site power.

Not a lot of first-time new home owners realize that…

Although there is electricity running to the house, the account is not in the home owner’s name – it’s in the builder’s name since, technically, the builder owns the property until you’ve paid him in full.  Another thing a lot of first-time home owners don’t realize is that Houston electricity retailers often give preferred rates to corporate clients like housing contractors.  Like many other producers, Retail Electric Providers like bulk purchases and you can’t get much more bulk purchasing than trucks full of power tools, spot heaters, loud radios, directional lighting, hand tools, battery chargers, and so on!  This means you can’t even gauge how much your electric bill will be based on prior bills because the usage pattern is not typical and, on top of that, you’re probably not going to get the same rate as your builder did.

Finally, that wonderful day comes when you close the deal with the bank and, in turn, receive the keys to your new house and now you’re ready to make the call to have the electricity set up in your own name…  but what’s this??  Suddenly the company wants a deposit because your credit is maxed out!?

Before you make the call that brings your house to life…

Take a few minutes to sit down and do some digging.  Not only do you want to find out exactly which Houston power companies operate in your neighborhood and what it is they have to offer, but you want to find out which are the cheap power companies in Houston.  You’ve just bought a home!  You need to save as much as possible everywhere you can until you can get at least some of the move-in expenses paid down.  Now, while it’s true that most Retail Electric Providers require a deposit if your credit is poor or you haven’t had a utility in your name, not all of them do.  Even with those that do, some will accept a letter of guarantee, where someone else guarantees in writing that they’ll pay the bill if you don’t, in place of a cash deposit.  This can be even more useful once you consider that the typical deposit is 1/5th to 1/6th of an annual bill – if it’s a brand-new home, it might be that the only record of use is that of the construction company and that would be a seriously large deposit, indeed!

Instead of calling each company in turn and having to go through the whole credit application process with each inquiry dragging your credit score and your spirits ever lower, visit ComparePower.  Only the REPs active in your area will be shown and you have access to full disclosure – all the FAQs and all the fine print.  This allows you to create a short list of companies that you can then approach with your application and, if needed, letter of guarantee already in hand.  It’s a more dignified way to get the lights turned on.