Weird Electric Rate Comparison Sites To Stay Away From

As most of us, when we go into business we do it to make money. This site makes money by offering a great tool for verifying and comparing electric rates from multiple providers.

We always try and put companies to compare on our chart that are strong viable companies for the long term. We have likely met their CEO and have researched their history.

Our chart is made so that you can quickly compare no-nonsense rate plans like most all “fixed rate” plans.

What I have seen lately are some comparison sites that are owned by one electric supplier with ownership in multiple brand names.

These comparison sites are tricky because it looks like you are comparing prices from multiple providers but in reality the ownership is all by one company.

I am not saying that it is evil to make money in business by selling an online electric rate but it is important to be transparent to your customers and not present yourself as an unbiased comparison site when in reality all the providers on the comparison are actually one company.

I am shocked that there are sites out there like this as it seems like an extreme form of deceptive trade practices for an electric company to be involved in but I can only assume they know the risk and are willing to do it anyway.

Here at Electricitybid.com we are here to make money but we do business with the ultimate goal of living a life of integrity, treating our customers like we want to be treated, and simply doing a great job at what we know how to do.

We want to thank our customers for coming back and using us again and again, and please let us know if you have anything you would like to see on the comparison chart that is not there already or other suggestions.

In case you don’t know, you can use our chart by typing in your zipcode in the green box at the top right.

Constellation Energy buys Startex Power in Texas

Constellation buys Startex Power 142 million

Startex Power has been one of those success stories in Texas because of their fast growth as a privately held retail electric company competing against giants like TXU Energy and Reliant Energy.

Now Startex Power is one of these giants as they were bought for 142.5 million in cash and will now be a very big strong brand for Constellation in the state of Texas.

Startex started out from an executive that came over from Gexa Energy by the name of Marcy Zlotnik to start her own retail electric provider.

She did very well as CEO and eventually reinquished her position to her husband Robert Zlotnik. These two were finalist for the Ernst & Young Entrepreneur Of The Year award for 2008 in the Houston and Gulf Coast area.

The buyout amount will let Constellation continue where Startex left off and continue to build a very well respected brand in the state of Texas.

No information was given as to whether Startex Power was experiencing any negative things that were hurting their overall business to require a larger company to buy them out as was the case with Amigo Energy and Starlight Power.

Ambit Energy Company Profile

Ambit Energy has a low deposit requirement for those with less then perfect credit but if you are looking for the Texas electricity company with the best option for completely avoiding a deposit or atleast a low deposit for Texas electricity service then hands down we recommend Ambit as well. If you have a smart meter Ambit can likely get you on a prepaid no deposit plan. Learn more by clicking here

Ambit Energy is an alternative marketer of electricity in Texas primarily selling electricity through an independent distributor network of people. Their viral marketing technique utilizes a multi-level marketing strategy which spreads by word of mouth through family and friends and weekly meetings generally held in hotel conference rooms and independent representative’s homes. Deregulation in Texas allows energy customers to purchase their electricity through multiple providers. In the past there was only one electric company and absolutely no choice to choose an alternate electric provider. Ambit Energy consultants are compensated on a referral basis as they sign up new company sales recruiters and electric customers.

Many people are attracted to the multi-level marketing approach of a work from home business like Ambit Energy. Although we are not an advocator of MLM type of businesses we do believe Ambit Energy is a good Texas electricity company and offers cheap and diverse fixed electric rate plans, green energy plans, and variable short term rates. We think Ambit Energy’s affiliate program is a better fit for many people who would like to make extra money selling Ambit but are not into the MLM business model.

Compensation Plan: MLM Referral Commission

Owners and/or Executives
Jere W. Thompson, Jr., CEO
Chris Chambless, Chief Marketing Officer
Jim Timmer, CFO

Jere W Thompson / Co-Founder and CEO
Chris Chambless / Co-Founder and Chief Marketing Officer
Jim Timmer / CFO
John Burke / Chief Information Officer
Jim McFelea / Senior VP of Operations


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