TXU Energy in Dallas and Houston

Electric rates in Dallas and Houston have started coming back up the last couple of weeks although today energy prices are back down a little. This trend up represents the possible beginning of a new trend back up. The summer is approaching and if anyone remembers what electric rates were doing last summer you would be wise to lock into an electricity rate now.

Since Texas electricity rates are still quite low as of today (May 20 2009) I wanted to see what Reliant Energy and TXU Energy were offering for residential electric service in some of the larger cities like Houston and Dallas Texas. I first went out to the powertochoose website to see what the government was showing for TXU Energy’s 12 month fixed electric rate. They are showing that TXU Energy is advertising a rate of 14.7 cents per kWh. This is very high when you compare it with the cheapest reputable electric provider in the bunch. The cheapest provider in Dallas that is a quality company is with Champion Energy. They are currently showing an electricity rate at 9.2 cents per kWh with a $4.95 monthly service fee. This is multiple times cheaper then TXU Energy and you can learn more about this residential electric rate in the Dallas and North Texas area by clicking on the link below.

 

We also checked to see what TXU Energy’s closest competitor was offering in the Dallas Texas area. Right now Reliant Energy is working very hard via radio and billboard ads to take residential electric service customers away from TXU Energy in TXU’s territory. Reliant has a cheaper electric rate plan then TXU Energy in TXU’s own backyard. The Reliant Energy rate is also 20% renewable energy which offers a feel good factor for those wanting to save the environment from the pollution of coal fired power plants. One issue with the wind energy plan is that it may be energy that has been produced in another state so Texas doesn’t benefit from the environmental clean energy. Reliant Energy’s rate is 14.1 cents per kWh for their 12 month fixed rate. So we see that Reliant Energy beats TXU but Champion Energy beats both Reliant and TXU on price by several cents. If you compare the 14.1 and the 14.7 cent rate next to 9.2 cents per kWh with a $4.95 monthly service fee you end up saving several hundred dollars over the course of the year by signing up with a wholesale provider like Champion Energy.

You can learn more about Champion Energy by visiting their link and see for yourself why Champion Energy is a better choice over TXU Energy and Reliant Energy.

 

The Reliant and TXU Energy rates when compared in the Houston and Harris county area are similar in price difference with Champion Energy in that area as well. If you live in the Houston Texas area and would like to compare electric rates with multiple energy providers then please click on the comparison link below to learn more.

Houston Electric Rate Comparison

Earth Day Tomorrow, Go Green at a Discount

Tomorrow is officially earth day and there are a few electric providers offering a green renewable energy option to residential home owners at a discount to encourage you to buy renewable energy. This is a great opportunity to sign up on a renewable electricity plan since green electricity service is generally more expensive then a non-renewable energy choice. This particular green electric plan below comes with a $50 home depot gift card. This is a promotional discount offer that is only cheaper during earth day which is April 1st. Be sure to check it out if you will be making your decision on an electricity plan on April 1st.

Learn More About the Renewable Green Residential Electricity Plan please use the compare tool at the top right of this page.

If you decide to “Green Up” your home using the Bounce Energy link above then be sure to do so on April 1st when this discount green plan goes into effect. This is a 100% renewable energy plan and is available in all deregulated areas in Texas. If you are more interested in just finding the cheapest electric rate then I recommend checking out our offers on the top left of this page. We keep the cheapest available electric rates for residential homes listed on the site and updated daily.

If you need a no deposit electric rate we recommend going to our no deposit electricity page and checking out our plans there. For people who have a bad credit score but need electric service turned on quick and need to avoid a deposit this is a great way to solve the headache of getting Texas electric service turned on in your name.

Green Electricity in Texas

For those who have been considering making the jump over to renewable Texas electricity even if it costs a little bit more there are a few things to know first before you get started. Renewable Energy in Texas is not piped directly from the power generating facility to your home when you sign up on a renewable electricity plan. There are a few things that happen that are related to virtual paper transaction and out of state renewable energy sources when you purchase this energy. Most of the clean renewable energy you purchase may be land fill gas and wood garbage. Through renewable energy credits that allow an energy provider to virtually buy credit for wind and solar energy they can sell you a renewable energy plan that has little to do with how you may perceive.

ESS Solar – Professional Texas Solar Installers

Did anyone see those T Boone Pickens commercials where he was trying to rally people behind a plan that would get the government to help him send his wind turbine energy from West Texas to Dallas and Houston areas. This would be a plan that most people think is already happening when they purchase renewable green energy. The truth is wind and solar energy is not being piped into the ERCOT electric grid and reaching Dallas and Houston homes. Your energy is being produced by natural gas and coal fired power plants. Through REC’s and virtual paper transaction you are signing up on a renewable electricity plan but this is not exactly the ideal situation most people want to see when it comes to cleaning up our state.

Are we saying that Green electricity in Texas is a bad idea? No we are not saying that you should not sign up on a green electricity rate plan. We are just explaining that the renewable energy you are purchasing is not how it may seem to be. That wind and solar generated power was likely not created in the state of Texas and if it was it was not by a power plant near you. The fact is that Renewable Energy Credits also known as REC’s do help in saving the environment but much more needs to be done so that we can lower the cost of wind and solar by having this power directly delivered onto our ERCOT electric grid from the power source. Then we can say that, yes, some green renewable energy is being sent from wind turbines and solar powered power plants and onto the electric grid that feeds the electricity that powers your home.

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

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