The PUC of Texas Takes Care of Killeen, Texas Residents

killeen texas electricity companiesThe Public Utility Commission of Texas takes care of residents in Killeen, Texas and the rest of the state. Two major enforcement orders earlier this year fined two different electric providers. The providers were guilty of leaving the retail electric business without refunding deposits and prepayments. Both providers were ordered to pay back the deposits and prepayments.

Cases like this prove that not all electric service providers are created equal. Some shady providers only wanted to rob unsuspecting customers of their hard-earned money. In the struggling economy of today, this type of behavior will not go unpunished. The Public Utility Commission of Texas makes sure that companies like the two in this case do not get away with shady business practices.

Our comparison chart makes it possible for you to ensure that you are paying the lowest rate for your Killeen, Texas electric service. Instead of taking a chance with a company that might steal your money, use our comparison chart to compare the rates of quality, competing service providers. Our comparison chart takes just a few seconds to use. It is simple to understand and spells out the information in terms that are easy to understand.

Do not take a chance with your Killeen, Texas electric service. The Public Utility Commission of Texas can only protect you once you have been had. Once your money is gone, it may take months or years to get it back. Our comparison chart can help you save money now by allowing you the option of comparing all the rates at once.

Blu Power of Texas, Letting Customers Go

Other No Deposit Guaranteed Electric Providers

Since Blu Power closed down in Texas we recommend other electric companies for those needing to avoid a deposit. Blu Power sold pre-paid electric service although there is now an electric provider in Texas that will allow you to sign with a no deposit or low deposit depending on your credit. The plan was called the “Fresh Start Plan” but that plan has been discontinued. We compare several prepaid providers using our compare tool at the top right. You can use it right now to find a provider that will work with your credit situation.

5 Texas Energy Companies out of Business in Texas

Another electric company in Texas were hit by the index market skyrocketing prices when they couldn’t afford the wholesale market financial requirements. The MCPE market spiked and they were not able to afford to keep their customers. They have started the process of letting all 2,000 of their customers go who are primarily Texas prepaid electric service customers. These Blu Power Customers will be getting back any money owed to them by Blu Power of Texas according to the electric company. Blu Power has said that many of their customers owe them money then they who owe their customers.

When Will it End?

With this now being electric company number 5 now out of the electric business you begin to wonder when this going out of business thing is going to stop? How many other small electric companies got into this business over their head? Some of the Texas electric companies came into the Texas market without a good understanding about just how volatile the Texas energy market is as well as what kind of capital investment you need as leverage against the hottest summer and the coldest winter to continue to stay in business.

Blu Power Electric Service Customers

If you are a Blu Power Electric customer we recommend checking out some of the discount electric rate offers we have at the top left of this page. If you have any questions please feel free to give Electricity Bid a call at 817-929-7095. Further questions can be answered by the PUCT (Public Utility Commission of Texas). Some of the other providers that have gone out of business in Texas for similar related issues are, National Power Company and Riverway Power.

Electricity Bid helps you find an electric rate and provider to save you money and keep life simple.

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