Nations Power Prepaid Texas Electric Company Review

I discovered a new prepaid electric company opened up in Texas today called Nations Power. This company offers a fixed kilowatt hour rate as well as a variable pay what you can plan.

Regardless if you go with a traditional electric company that gives you 30 – 45 days to pay your bill or you go with a prepaid provider where you pay in advance I would choose the fixed rate every time.

Many electric companies will not hesitate to raise your variable rate on you beyond what you were expecting.

It is true not all variable rate plans are bad but to be on the safe side a fixed electric rate with Nations Power is probably the way to go.

The reason you would want to order electric service through a prepaid electric company like Nations Power is if you know you will not be able to afford deposits by other providers.

The Texas government does offer assistance to low-income families for deposits and rate subsidies but for most of us the hassle in qualifying for these assistance programs is simply not worth it.

If your credit is okay or bad you will likely have to pay a deposit with most all the Texas electric companies.

For instance, if you call TXU and Reliant they will likely both ask for a deposit ranging from $200 – $500 depending on how bad your credit is.

Of course if you have good credit no deposit is needed. Now lets say you have called these two large electric companies, TXU and Reliant, if you go on to call Bounce, Green Mountain, and Texas Power they will likely ask for a deposit as well.

Why would all these providers ask for a deposit? They all work from a credit checking service to manage their risk. There is about a 50% customer default rate below a certain credit score number and what score this is remains a tightly held secret.

There is simply no way of working with a provider that bills you 30 days out for service in negotiating a deposit and that is why a company like Nations Power can come in handy.

By going with a prepaid electric company you avoid the deposit but will sacrifice on price. Most prepaid electric companies have higher prices than traditional electric companies that check your credit.

Nations Power is based out of Allen Texas and has recently launched their company as a Texas prepaid electric provider. You may reach them at (866) 356-6850.

If you have used this prepay electric company please give our community feedback in a review format in the comment section below.

Interesting to note, the company with the same PUCT license number is Catalyst Energy Inc. which is a PA oil and gas exploration company. The activities of Catalyst encompass the exploration, development, production, transmission and processing of oil, natural gas and liquid hydrocarbons. Since Texas relies on natural gas for the production of much of the electricity it is worth noting that Catalyst now has a stake in both the production and retail aspect of natural gas. There is often an inverse relation to the cost of producing electricity using natural gas and the actual cost of natural gas. If these two factors of natural gas price and “heat rate” are managed well there can be a big payoff in being in the production and retail side of natural gas. Most important is to not gamble to much in the process of doing both.

The Future of Electric Cars in Pasadena, Texas and is this good for your electric bill?

chevrolet volt electricity powered carResidents of Pasadena, Texas may soon see electric cars everywhere. Certain areas in Texas were picked to be the test market for Volt from Chevrolet. According to the US government the Volt is an electric car, not a hybrid car like others currently being sold but when the car entered the market it was discovered to be a hybrid like all the others.

The Volt is a car that will run on electricity for about 35 miles. That means that you will not be burning fuel during your morning drive to your Pasadena, Texas job. If the Volt and other electric cars are successful, there may soon be no need for fuel-driven cars. The negative to the Volt is that when comparing it’s fuel efficiency to other cars it doesn’t fair so well. After the initial 35 miles of driving with fuel ecomony at around 93 miles a gallon via electric power you are switched to gasoline fuel and you only get 37 miles to the gallon.

Note: we have done a conversion to show you what the electric power delivers in miles in miles per gallon of gasoline even though we are talking about kilowatt hours here. There are 33.7 kilowatt-hours in a gallon of gasoline. If you are paying 11 cents per kilowatt hour than that would cost $3.70 per gallon equivalent of gas. So in the case of an electric car you are paying more and you are not converting fuel at a 1 to 1 ratio therefore you are actually polluting the environment more it’s just concentrated at the power generation facility and not your city.

Saving our fossil fuels is a concern for everyone, including the residents of Pasadena, Texas. Electric cars appear to be a way to conserve these precious fuels and help the environment but in reality the power plants that create the electricity for the car are burning natural gas and oil. These fuels are not converting power at a 1 to 1 ratio. This means your car is inneficient simply because it uses electric power.

If you are considering an electric car in your future, you may probably wonder what it will do to your electric bill. After all, these cars have to be plugged in and your electric usage will rise. Fortunately, you have the freedom to choose your Pasadena, Texas electric provider which will allow you to find the cheapest rate.

Use our comparison chart to see the rates of area providers. You may or may not be using the cheapest electric service. By switching providers to one with a lower rate, you can purchase your electric car with no worries. Lower rates mean a lower electric bill. Get started now by using our comparison chart and see what a difference a few cents can make. When electric cars become the “norm”, you will be prepared because you will already be saving money on every kWh that you use.

McKinney, Texas Electricity Service Comparison

Did you know that heating and cooling accounts for over half of your total monthly electric bill?  That could be why so very many of the energy saving tips out there focus on this area.  One such tip is to regularly inspect your ducts to make sure they are not damaged or torn.  Really…do you want to pay to heat and cool the area under your house?  No.

Reducing your energy consumption is a win-win situation.  You save money every month and reduce your carbon footprint at the same time.  But there is another way to keep that bill down and it is through ElectricRates.  We research all electricity service providers in the McKinney, Texas area to find out what rates each is charging.

Use our online comparison tool for a free pass to this information.  You can choose a company that is charging less per kilowatt hour than you are paying now and order service with them online through ElectricityBid.  No funny games either!  We average in any additional surcharges and fees and show them to you in the final calculated rate so you pay what they said you would pay.

Call our 800 number above today to speak to an energy consultant.  We don’t want you paying too much for electricity in McKinney, Texas any more than you do.  Our energy consultants are always happy to assist you in lowering your monthly power bill and will be happy to address any questions or concerns you have.  Why wait?  The savings are so close!

Texas Electric: What to Do If You’ve Been a Victim of Electric Cramming

Many Texas electricity consumers are paying more for electricity than they need to. And the kicker is, they don’t even know it. How is this possible? In short, electric cramming. Following is what it is and what to do about it if it’s happened to you.

 

What Is Electric Cramming?

 

Electric cramming is when an unauthorized energy supplier charges you for services that they aren’t even providing. Most customers don’t realize that this is happening to them, so it can go on for months – or even years – if you are not diligent about checking the charges on your Texas electric bill.

If You’ve Been Crammed, Following Is What You Need to Do

1. Contact Your Texas Electricity Supplier Immediately: Tell them about the charges and that you are a victim of electric cramming.

Note: You should pay the rest of your bill on time (just don’t pay the cramming charges). If you don’t pay the legitimate portion of your bill, you risk having your electric service terminated.

2. Ask for Removal of Charges: Your electric company will usually comply with this request immediately.

Tip: If you go back through old bills and find that you’ve unwittingly paid cramming charges, ask for a refund.

3. File a Complaint: If you can’t come to a resolution with your Texas electricity company, you can file a complaint with the Public Utility Commission (PUC) by calling 888-782-8477.

When you start examining your Texas electric bill for unauthorized charges, you may notice that what you pay per kilowatt hour (kWh) is higher than the norm. If this is so, you may be using a prepaid electric service plan where costs can be 25, 30 or 40% higher than those who have regular plans and enjoy some of the lowest rates around.

Even if you have bad credit or what’s considered a low income, conventional Texas electricity companies have low-deposit and no-deposit electric plans that can help you save – a lot – on your monthly energy bill. All you have to do is contact your Texas electricity company to find out about which options they have that can help you.

Texas Lite-Up Low Income Electric Rate Discount Program

Do You Need Electricity with No Deposit?

Lite Up Texas is a great Texas government sponsored electricity service discount program for low-income families. The problem with lite up Texas is most people are needing electric service right away with no hassle and yet they must wait for government approval before qualifying for a cheaper rate. Trying to pick a good electric company that will work with you and Lite Up Texas does not always happen as fast as people would like. So what can you do in the mean time?

Well all Texas electric companies must work with the program by law but even still it these companies may drag their feet. You may be having more of a problem coming up with a deposit rather than dealing with a high per kilowatt hour electric rate which is what Lite Up Texas is used for to bring that price down.

To start out with if you are low-income you want to at least avoid any deposits you are being asked for. I would work with a prepaid electric company to avoid a deposit as your fastest way out of this nightmare. Please call this number to order electric service with no deposit: 1-888-620-3823

You can also check other Texas electricity companies using the zip code compare box at the top right that work with the department of health and human services as well as the PUCT in offering you government subsidized cheaper electric rates. The program is based on summer prices and is always subject to change.

The Texas Public Utility Commission discount electric rate program is not always available but is often re-initiated each year based on need that allows Texas residential electric customers to receive a 12% discount on their current electric rate. The program is only available to those who qualify and certain criteria must be followed to make sure the initial qualification goes through succesfully so that you get the anticipated discount.

For instance, if you have signed up with a Texas electric provider using a different name, phone number, social security number, mailing address, or electric service address that differs with what you have given the Department of Health and Human Services then you will likely be rejected because of your information not matching what the government has on file for you. In order to make sure the Texas LITE-UP program goes through on the first try you may want to get a copy of your application on file with the HHSC and fill out the LITE-UP application using that same information.

How do I apply for the Texas LITE-UP electric rate discount program?

You must first sign up with a low cost electric provider (using our compare chart at the top right is a good way to do this) or if you have bad credit I would try a no deposit company by calling 1-888-620-3823. Once you have started service with these Texas electric companies you can begin the process of signing up with LITE-UP. They will require that you provide a current electric bill and two months of proof showing what your income is. To obtain the LITE-UP application you must call them at 1-866-454-8387.

What Type Of Discounts Can I Expect?

You will be discounted during certain historically high energy consumption months. The months that the electric rate discounts will apply will be for May, June, July, August, and September of 2008 and 2009. The discounts will not start until you have been approved and your status has been received by the Texas electric provider.

Who Can Apply For Lite-Up Texas?

You can either show proof that your income is 125% of the federal poverty guideline by submitting your last 2 months of income history to Lite-Up or if you are receiving Medicaid and or food stamps you will automatically qualify.

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

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