Hudson Energy Services
Hudson Energy Services out of Texas had a fixed price residential electricity rate of 12.3 cents\kwh which was the lowest out there for a 12 month contract. Since that time they have raised their residential electric rate quite a bit next to the other Texas electric providers. As of April 2008 they offer a rate at 14.1 cents kWh. This electric is considered to be on the high end of what you can get right now. The early termination fee is $150 and there appears to be no monthly customer service charge. They also do not require a deposit. If you do not meet the credit check requirements then they will not accept a deposit. This means if you do not have good credit you cannot use this electric company.
The rate was great and I would have recommended this company a year ago but their rates have steadily increased above the comparable offers. They seem like a good residential electriity company to go with if their prices ever come back down but right now I recommend shopping other companies like Startex Power. If you compare Hudson’s electric rate with Spark Energy’s electric rate from a year ago, Hudson beats spark by .002 cents\kwh. A small fraction but we now have a provider that has undercut Spark Energy by a large fraction. Startex Power beats both Spark Energy and Hudson Energy on all terms.