Ultimate Texas Electricity Rate Guide – Cost and Compare

Most Texans get to choose their own electricity provider, putting the buying power in their hands. But before you choose you’re provider, there are some important things to consider. This Texas electricity rates guide will show you how to examine the cost of electrify in different deregulated territories and properly compare rates. But first, how did we get here? In the mid-1990s, Texas began deregulating most of its electricity market, giving customers more options and fostering competition. The Electric Reliability Council of Texas (ERCOT) operators the power grid, and roughly 85% of Texas customers can choose their own electric provider. The move broke up monopolies and separated the industry into three parts: Production: Power plants generate the energy, and deregulation welcomed innovations in clean energy and more efficient power plants. Transmission and Distribution Service Providers (TDSPs): These companies (commonly referred to as utility or delivery companies) are … [Read more...]

Are Solar Panels Worth Having in Texas?

Residential solar power in Texas has grown in popularity as costs have been nearly cut in half over the last few years. Texas obviously is a great place to consider going solar. The Lone Star State gets a whole lot of sun, and temperatures regularly get into the 100s in the summer. Even in other seasons, the Texas sun is still shining high and bright. If you’re wondering if photovoltaic (PV) solar panels are worth it in Texas, consider these major benefits of going solar. Removing Yourself from the Rise in Electricity Costs The first benefit is that you’re capping yourself off from the rise in electricity costs. How much will electricity costs be in the next five, 10, 20 years? No one knows, but historically, costs have risen by roughly 3.5 percent annually. According to the U.S. Energy Information Association, electricity costs in Texas were around 10 cents per kWh in 2010, and have reached around 13 cents per kWh in 2017. So, generating your own electricity from solar … [Read more...]

VIDEO: Crazy Reliant Fee – $5.95 to Call Customer Support!?

A new Ambit Energy consultant on my team sent an image of his bill for us to look at it. We noticed an inconspicuous line that noted customers would be charged a fee of $5.95 PER CALL to call customer care. That's insane! How is that caring for your customers? No, this probably applied to the specific plan this customer was on, but charging your customers $5.95 just to call customer support is just crazy. Always be aware of hidden fees like this. I always make sure my Ambit Energy customers have my cell phone number so they can call or text me any time they have questions. If we need to pull in Ambit customer service, we will. Ambit does not charge an extra fee just to call customer support. See the video below to see the fee and for a couple more tips on things to spot on a bill so that you know what you're really paying. Also read this post on how to find your true average rate on a Texas electricity bill. … [Read more...]

VIDEO: How to Find Your True Average Rate on a Texas Electric Bill

Do you know how to find your real average rate on your Texas electricity bill? What do all those numbers mean? The short video below explains a great trick on finding your average rate so that you can accurately calculate the cost of your bill and do an apples to apples comparison of other rates. Don't be fooled by what some Texas electricity companies advertise. After watching this video you'll know how to find the true rate. Contact me for a fast and free quote and rate comparison. Sign Up to Get Ambit Energy News, Money-Saving and Money-Earning Tips! … [Read more...]

Need-to-Know Tips for Setting Up Electricity Service in Texas

Set up your electricity seven to 10 days before you move in. Don’t be that person who tries to set up your electricity service the day before you move in. Creating an account with an electricity company is very simple and takes just a few minutes, but it usually takes two to three business days for your service to go active. Getting your electricity turned on is a little more involved. Your local delivery or utility company, such as Oncor in North Texas or CenterPoint in South Texas, handles the meters. They are responsible for turning your electricity on. Most delivery companies do not come out to location on the weekend, so be sure to schedule your service to be activated on a week day. If you are moving on a weekend, it’s best to schedule your service to activate on a Thursday or Friday. And because of this, Fridays are always the busiest days. Don’t wait to schedule your service until just a couple days before you need service. Once you know the date you need service to be … [Read more...]

TXU Free Mornings and Evenings vs. Ambit Energy

TXU Energy has been coming up with a lot of "free" electricity plans in Texas recently. The latest is called the TXU Energy Free Mornings & Evenings plan. Let's examine this plan to see just how free it is and compare it to a normal Ambit Energy 12-month plan. We have compared other TXU free energy plans before. We searched rates in the Texas zip code of 75040. The first thing we noticed was that the Free Mornings & Evenings plan is an 18-month contract plan with a $295 early cancellation fee. This plan does not charge the energy charge or TDU delivery charges during the hours of 7-10 a.m. and 7-10 p.m. every day. The plan also requires an AMS-enabled smart meter. Call today to check lowest rates in your area: 469.207.1595 Now we dig into the actual price of this plan. Looking at the Electricity Facts Label (EFL), the plan shows an average rate of 14.6 cents per kWh based on 1,000 kWh usage. This average is factoring in the free nights and evenings (six total hours per … [Read more...]

Energy Future Holdings – TXU Parent Company – Files for Bankruptcy

Energy Future Holdings Corp., the parent company of TXU Energy, filed for Chapter 11 bankruptcy Tuesday. This comes after months of anticipation since the company holds debt of more than $40 billion. The bankruptcy filing likely will not bring about any immediate change in operations. TXU still has more than 1 million customers, but the news of bankruptcy could change things dramatically for the long-time Texas electric provider. Energy deregulation is well-established and known in most of the deregulated markets in Texas, so TXU customers can choose to switch retail energy providers whenever they wish. Energy Future Holdings' bankruptcy may cause many current customers to shop around for a different electric provider. Comparing Texas electric rates can sometimes be confusing if you don't know what to look for. Customers who do chose to shop for a new provider should compare average rates quoted at the same kilowatt hours used. This way the comparisons are on the same … [Read more...]