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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About Donny Eisenbach

Donny started ElectricityBid.com back in 2007 from his parents basement and has since married his wife Melody and had two sons, John Adam (5) and Noah (2) and another baby with a due date of Dec 25th 2013. 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!

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feed October 22, 2008 at 1:02 am
calowry January 12, 2009 at 5:31 pm
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