December 17, 2007 admin

Cirro Energy

Cirro Energy Appears To Be The Lowest

Many people have called me quoting Cirro Energy who offers what seems to be a low fixed rate for 12 months and 24 months. After examining the terms of service I found that the rate is a variable rate. What ends up happening is a customer signs a contract that locks them into the rate for 12 or 24 months and they have no guarantee what the rate will do. This protects Cirro Energy if the rate goes up or down but not the customer. Cirro still makes their retail margin on the rate but the customer cannot get out of the contract without penalty if the rate were to go up. The purpose of signing a contract is to lock in for a period of time against future electric rate price volatility. By Cirro offering a variable rate for a term you must sign and lock into I believe they may be knowingly or unknowingly confusing the customer to thinking they are signing into a fixed rate. Stay away from this rate product as it is not a fixed rate and Cirro can change the rate without notice at any time.

I have added a company in the chart below to compare with Cirro Energy called Startex Power. They have a very low fixed electric rate in comparison with some of the other retail electric providers. You will do much better to lock in at this low fixed rate then to get in on a variable rate that can go up on you. If you would like to participate in a low variable rate Startex offers one that has a promo rate the first month in the 9 cent range and then follows the natural gas and Texas spot price market after that. Historically you would pay about 12 – 12.5 cents on their variable rate but you are not locked into a contract. I would only recommend this rate product for those who don’t want to be locked into a contract. Otherwise, you should get on a fixed rate product for a 12 or 24 month term with Startex.

Retail Electric Provider Product Name 1000 kWh 1500 kWh Fixed or Variable Term
Startex Power Star Seasonal Saver 1 Year Plan 11.1 11.1 Fixed 12
Startex Power Star “Fall Frenzy” 8 Month Plan 10.4 10.4 Fixed 8
Cirro Energy Smart PassSM 12 10.9 10.8 Variable 12
Cirro Energy Smart SaverSM 24 12.2 12.2 Variable 24

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admin Donny started ElectricityBid.com back in 2007 from his parents basement and has since married his wife Melody and had three sons, John Adam (7) and Noah (4) and our new 20 month old son. He enjoys tech related things, softball, kickboxing, going to the gym, excursions and activities together with his wife Melody. Our service allows you to shop and compare commercial and residential electric rates and providers. Would you take the time today to try our service and see how you like it. Thank you! and God Bless You!

Comments (9)

  1. calowry

    I, unfortunately, just now realized I am on Cirro's variable 12 month plan. I am six months into it. I was on their fixed rate plan before and thought I was renewing for the same plan. I have the option of renewing for another 12 months on their current 12 month fixed rate plan called Smart Lock 12. Is this a good plan?

    Thank you.

  2. Not happy

    I believe we are also on the Cirro "fixed" plan. Also, we live in Katy and are paying $40 to Centerpoint for distribution (?). Luckily our rate has not gone up, but I don't recommend this company.

  3. Anna

    I would NEVER sign a contract with StarTex. After my elderly father's carrier declared bankruptcy, he was dumped into a very high cost plan before we were able to secure new service for him. Unfortunately, we chose StarTexas. He left the state for six months and we turned off everything except his refrigerator and two lights that were on timers. At one point during this vacancy, StarTex' bill doubled to an amount in excess of $220. When I questioned this, they said "appliances must be defective." Since no appliances were on but refrigerator, I had it checked and it was fine. I asked – by phone and letter – for meter to be checked but never got a response. The bill dropped again the next month, but I have cancelled that service because of StarTex' lack of responsiveness to customer requests. New company started service March 11, but now have received another bill from StarTex. Tried to call them but can't sit on hold for two hours, so will have to try email. Not holding my breath for an answer, considering past experience with them.

  4. Lenora

    I know I want to save money on my electric, so when the info came in the mail I thought maybe? But after reading the few comments I will stay with TU electric and keep looking for a good alternative. Thanks for sharing your experience and comments.

  5. Michel

    I have signed up for a fixed rate with Cirro @ 9.6cents. I am now concerned and will look deeper into my contract. But, anything is better than 17.9cents from TXU.
    What can I look for to find I am on a variable contract? I am into my second month of a 12 month contract.
    Thanks in advance.
    Denton area consumer

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