TXU Energy Rates

Compare TXU Energy Rates

If you have been needing to compare and shop for a cheaper Texas electric provider but just have not had the time we would like to encourage you to do so.

Texas electric rates during the summer of 2010 and 2011 have been around 8 – 9 cents per kWh on average when looking at the cheapest providers. During the summer of 2008 a cheap rate would have been 16 cents a kWh. As of October 2011 you can sign up for a cheap electric rate in the Dallas area at around 8.3 cents a kWh for 12 months fixed. In Houston the rate is closer to 9.3 cents a kWh for a 1 year fixed rate. If your TXU Energy rates are becoming unbearably high then we recommend switching to a cheaper electric company. We only recommend that you come off of your TXU Energy rate if you are currently off contract with them. We never recommend that you break a current contract that has not expired yet. The historical utility area of TXU is the Dallas area but they now operate in Houston as well. If you live in a different area you may enter that cities zipcode and click on the button to bring up custom price comparisons for your location.

Going From TXU to Reliant Energy

If you have considered switching off of TXU Energy and onto a new electric provider that you have heard advertise on the radio than please read this. Reliant Energy rates are currently being advertised (back in May of 2009) on billboards and on radio saying that they are now lowering their electric rates by “up to %10”. Unfortunately this means that you would still have to pay Reliant Energy around 13 – 14 cents a kWh when there are several energy providers offering residential electric rates in the 9 – 10 cents per kWh range for a 1 year fixed rate (as of May 2009). Don’t be fooled by a clever marketing campaign. Reliant Energy radio ads have their coworkers on the ads explaining that they love being able to help people but in reality paying an inflated price for electricity service is not really a help in this current economy. There are several reputable electric companies in Texas that offer much cheaper electricity service than Reliant and TXU Energy rates. We have a comparison tool of electric companies that beat both Reliant Energy rates and TXU Electric rates that we would be happy for you to try for yourself and see if in fact there are savings.

Comparison Chart Shows All Fees and Charges in Energy Rate

We encourage you to browse through the 1 year, 2 year, and 3 year fixed electric rate terms and pick the rate and monthly term that suits you best. The chart tool above has all fees and charges disclosed so you know exactly what you are signing up for. We want you to have no surprises when signing up for electric service as some providers we do not have on the chart do not disclose all charges in their rate. We do not work with Texas electricity companies that hide certain fees and charges that most electric companies will disclose in plain English.

Other Energy Providers and Rates

Spark Energy

Amigo Energy

Champion Energy

Stream Energy

Ambit Energy MLM Opportunity

The Ambit Energy MLM opportunity has begun to propagate throughout the state of Texas just like Excel Telecommunications, Ignite\Stream Energy, Herbalife, and the many other popular get rich quick type of businesses. I don’t have a problem getting rich quick and many of these companies reps will tell you it isn’t exactly a get rich quick type of opportunity. For the electricity customer they will usually find themselves being in a situation where a family member or friend approaches them asking for them to sign up with this new electric service. If you look at the energy rate you will see that it isn’t the cheapest electric rate around usually. If you were to go out to powertochoose today (this is the state electricity website) and look at comparable electric rates you will find many others offering better terms and electric rates

What! More Then A Penny Off The Lowest Going Electric Rate!

I went out to the powertochoose website and pulled up Ambit Energy’s facts label. This is a reliable piece of information when comparing energy prices. The 12 month electric rate is anywhere from 12.49 cents kwh to 14.49 cents kwh depending on the amount of energy you use. This is a very horrible electric rate and the problem I have on top of that is they expect people to have their family and friends sign up on a much higher electric rate then what is currently available. As an example you could sign up with Startex Power for the same term and pay no monthly service charge and have a 12 month electric rate at 11.3 cents kwh. The rates for both Ambit Energy and Startex Power would be a fraction higher in Houston due to the congestion in this zone but would still reflect the same percentage in cost savings difference.

Electricity Facts
Ambit Certified Green 1-Year Term
Ambit Energy, L.P., Residential Electric Service
Effective October 22, 2007

Electricity
Price by TDSP

Average Monthly Usage:
Average Price per kWh:
500kWh
$0.1449
1000kWh
$0.1249
1500kWh
$0.1249
All additional kWh $0.1249

Contract Options

Options:
Early Termination Fee:
12 Months $199.00
See Terms of Service for a full listing of fees, deposit policy and other terms.

Ignite Energy, the Opportunity Of A Lifetime Or Maybe Not?

MLM electric companies operating in the Texas deregulated electricity market: Ignite Energy, Ambit Energy, Affordable Energy, GME, Zurvita Energy, and probably more.

Family Wants Me To Sign Up With Ignite Energy?

Ignite Energy like most MLM opportunities is one of those things you eventually will hear from a family, friend, neighbor, or complete stranger. This energy company started up here in Texas by a very smart and creative marketer and he brought on some key players from the now bankrupt Vartec\Excel Telecommunications MLM business. This new Multi-Level Marketing Company called Ignite quickly organized meetings throughout the state that are much like going to a church where the sermon is about an amazing money making opportunity.

The Hit TV Show Office Makes a Funny Yet Solid Point About MLM Schemes

If you haven’t seen the show, “The Office” you need to as it is the funniest show I have ever seen. One of The Office episodes makes a great point about MLM opportunities like Ignite. Michael Scott, the office manager at Dunder Mifflin tries to recruit his employees into joining an MLM scheme that he claims is not a pyramid. Check it out. I am sure you will likely laugh even if you do love the idea of the Ignite Energy opportunity.

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Ignite Top Money Earners

Several top money earners rolled over from Excel into the Ignite Energy opportunity. These key money makers also had that charisma to head up and lead the meetings and inject the needed energy into the new representatives throughout the state of Texas trying to cash in on Texas electricity deregulation. The meetings have been a success and now it is hard to travel through a town in Texas without seeing an Ignite magnetic sticker on the side of someone’s car. Unlike Mary Kay, Avon, and Quickstar there is no inventory to hold on to and then turn around and sell. This means the capital investment in the opportunity is small. For many, this lure of a low cost low maintenance business is what draws them in. The residual money is paid out to sponsors on several levels as overrides from the sales of the representatives underneath them grow larger. A small percentage of income paid residually from each rep underneath you could amount to tens of thousands of dollars a month. The problem is not with the Ignite Energy the company but with some of the sales people MLM companies can attract.  The way it normally happens is you will have a rep you sponsor into the business and they will usually sign up about 1 friend and 2 – 3 family members as residential electricity customers and that will be about it. The rep is required to pay their yearly membership dues to stay in the business and if they sponsor someone they will get a large payment for this. The rep ends up making more money by sponsoring someone then they will from the electric customers they or their reps gather. The ones who make overrides from those they sponsor are the ones who sign up multiple reps and see to it that they get their minimum sales quota that is required for both them and the sponsor to make the residual money off of. In our opinion an affiliate type of pay program is a better choice where you concentrate on signing up electric service customers rather than building a downline. If Ignite Energy has an affiliate option we encourage you to do this instead.

Charismatic MLM Evangelists Travel Like A Tent Miracle Meeting Worker

The go getters in the Ignite business opportunity and any other MLM opp end up becoming a charismatic character that new comers begin drooling over and driving far and wide just to hear how they made it big in the MLM opportunity. This charismatic MLM’er is the one that makes the big money by gaining large crowds and creating that momentum that will drive his sales force into signing up more reps and customers into the business. He remains the top dog while his followers barely manage to meet their sales quotas. That is ok for the big guy as he gets large overrides on each rep that signs up in the opportunity even if only a few customers are signed up. This means that the newcomer signs up his family and friends and the sponsor leader receives a big check for the new representative joining the business. As the MLM business grows and you analyze the sales commissions you notice that most of the money being generated is from reps joining the business rather then energy customers signing up for home or commercial electricity. Building a large congregation to help spread the miracle of MLM by word of mouth is the goal and serves the MLM evangelist by creating the same enthusiasm of a fake miracle worker bringing in large offerings. In our opinion a much better use of your time would be in signing up with Ignite through an affiliate type of pay plan rather than trying to build a large downline. You can make money through an MLM downline but statistically not very many people make the kind of money you might see in a perfect world commission example that you see on opportunity presentation charts. An easy way to determine if you have a statistical chance at being a winner in an MLM work from home opp is to ask for a income disclosure statement. This type of statement will show how many people in Ignite make over $100,000 or more as well as other income tiers. You can review this and determine base don how many have reached a certain income level if you have a chance. We also recommend inquiring about how early did those making that kind of money join the opportunity to help in making your decision.

How Do The Real Money Makers Make It Big?

Next time you are asked to join an “opportunity” be sure to pay close attention to how the real money makers make their money. They are not sitting idly by as the money flows in. They are the charismatic leaders up on stage that travels the roads of Texas in a tour van as if living it up like a rock n’ roll rock star. Whether or not these guys are raking it in yet is beside the point. They fake it til’ they make it and reap the rewards with the less charismatic passerby’s never realizing the difference. Once the MLM Company goes bankrupt the big guys move on to the next biggest and best MLM opportunity on the scene. This is a characterization of what some of the sales people who join an MLM company like Ignite Energy are like and typically do. There are reputable people in MLM companies including Ignite Energy and it is important you sign up with someone who is not giving false claims of riches or exaggerated stories about success.

Should I Join The Ignite MLM Company?

If you truly must join the Ignite Energy opportunity you will want to take a survey of what is at stake. Will you be ok if 10 years down the road the business is bankrupt and you lose all your residual income? Are you willing to start working as a traveling salesman? All the big money makers travel throughout the state promoting the business. Do you realize the opportunity takes really hard work and a natural ability to be outspoken and zealous about the business to anybody and everybody? Are you prepared to go in it realizing most of the people you talk into the business will be wasting their money so you can get paid? Statistically only the leaders make the money while the grunts that sign up their friends and family and stay home are basically making money for the leader. If you are the type to go out and spread the Ignite gospel aware that you are selling something that will waist that persons time and money then you may be able to do this otherwise it’s best to leave this opportunity alone. Stream Energy is the channel that deals directly with the public, Ignite Energy is the MLM division that provides the opportunity available to independent representatives. If Ignite Energy offers an affiliate program for just signing up electric service customers we believe in our opinion that you should consider doing this instead.

Learn more about Texas Electricity

Learn more about Houston Texas Electric Companies

Some other MLM electric companies in Texas are, Affordable Energy, Ambit Energy, and Zurvita Energy

Other opps not considered MLM: New Age Energy Power Brokers

Learn more about traditional Texas electric companies that do not operate as an MLM company: Champion Energy, Bounce Energy, Startex Power, Spark Energy, Green Mountain Energy and many more at Electricity Bid.com

Stream Energy offers a 1 year rate at 11.99 cents

Stream Energy offers a low total bundled electric rate

Compare whatever the current electricity rate Stream Energy is offering with multiple reputable Texas electricity providers below. Just enter your zip code to begin.

Stream energy offers a total bundled residential rate at 11.99 cents kwh as of August 2 2007. This rate is highly competitive to many of the energy rates available out there right now. For instance, TXU Energy and Reliant right now offer a residential rate that is at 13.1 and TXU Energy is offering a 1 year rate at 12.4 cents a kwh.

How does Stream do against some of the smaller Retail Electric Providers?

When comparing Stream energy to the big guys they do well but there are some smaller companies that have been competing and doing a little better then Stream Energy. Spark Energy and Champion Energy (isn’t that small but not as well known in Texas) both have rates that are much lower then what Stream is offering right now for August 2007. Champion Energy charges a small monthly fee on top of the rate and Spark Energy does not charge a monthly fee at all.

TXU against Stream Energy, TXU is offering a month by month rate that is competitive right now

TXU has a month by month electric rate that follows the Natural Gas market and right now it is quite low because Natural Gas is trading at $6.14 MMBtu as of today on the NYMEX exchange. They are quoting 10.4 cents per kwh but the downside is if the Natural Gas price goes back up you will likely end paying more with TXU’s market rate then if you were on a fixed rate term.

If you risk it and do the follow the market thing then just be careful because one month you may find that since natural gas has come back up to $8 MMBtu you are stuck with a bill you cannot pay.

Stream Energy Residential Electric Rate

I noticed today on powertochoose today that Stream Energy shows a month to month rate at 12.99 cents\Kwh. This is a great rate but a majority of the residential customers out there use less then 500 Kwh in usage a month. This means in actuality their customer would have to pay about 13.49 cents\kwh. This is actually a decent variable month to month rate if it stays around this rate each month. Unfortunately 12.99 cents\kwh is not going to be the energy rate for most people out there.

 

Pricing for ERCOT           500 kWh       1,000 kWh     1,500 kWh

Month-to-Month Rate    $0.13490     $0.12990         $0.12990

In comparison Hudson Energy Services and Spark Energy tie with the lowest 12 month fixed term rate. Both companies offer a rate with NO monthly customer charge. This means you don’t have to pay a bogus fee for being their customer. That never really made sense anyway? The rate stays the same the entire year so there are no surprises. Right now a 12 month term makes the most since as rates continue to go up and probably will for awhile.

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

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