Wheeler County Texas
Wheeler County is a small county with the towns of Allison, Briscoe, Kelton, Mobeetie, Shamrock, and Wheeler. Electricity in Wheeler is deregulated and there are several choices when it comes to finding a competitive electricity rate. TXU has a residential market tracker product but the advertised rate on www.powertochoose.com shows 11.4 when the actual energy rate is more like 13 -14 cents\kwh. The rate they quote is if natural gas is trading between 4 – 5 $mmBTU which it is not. Natural gas is around $8 mmBTU as of May 2007.
Spark Energy offers a residential electric rate of 12.3 cents\kwh as of May 2007 and there is no monthly base charge. This rate could subtiantially cut down the cost of electricity when compared to the rates offered among the other Retail Electric Providers.
Startex Power has a competitive fixed rate for a 12 month fixed term that significantly beats Spark Energy and all reputable ethically advertised providers as of Feb 2009. They are a well established electricity company that does very well in the commercial electricity market as well. Eisenbach Consulting assists commercial businesses with combining both commercial and residential electricity into a business energy rate so long as the residence is being used for business purposes. You can learn more about this arrangement here.
Texas Follow The Market Electric Rates
There are several Energy rates now being offered that go by the name of Market or follow the market. These electricity rates primarily offered to residential customers are not a very good product. The reason they are not a smart way to go is mainly because they catch you off guard. The first month’s electricity rate is around 10 or 11 cents\kwh but the 2nd months rate goes up to 14 cents\kwh because of a higher then expected natural gas market.
While natural gas continued to rise the summer of 2008 it makes more since to lock in on a fixed energy product when electroc rates come down. The 12 month electric term offers the best electricity price as of Feb 2009 regardless of which provider you choose. Since all energy suppliers use the same market to price their electricity you end up seeing the terms priced the same as far as which term is higher then another. Because of this I continue to urge those shopping and comparing electricity rates to sign up for the 12 month electricity term as of February 2009. The exact same case could be made back in May of 2007.