Texas Sets Record for Electricity Usage

On August 4th, Texas set a record for power usage according to the Electric Reliability Council of Texas (ERCOT), the state’s main grid operator.  Peak demand hit 63,594 megawatts between 4 p.m. and 5 p.m.  The old record of 63,400 megawatts was set last year on July 13th.  ERCOT reportedly can meet the peak demand for summer while still having about 21% more reserve power generating capacity.

For current residential and commercial electricity prices in Texas, please visit our website www.ReduceYourPowerCost.com where you can shop and compare the best rates from 10 different electricity providers.  We have simplified the process of choosing your electric provider to save you both time and money!  Why not start today?

Corpus Christi, TX Electricity Prices

Residential electricity rates in the Corpus Christi area have remained fairly stable over the last month as they have in other areas of Texas.  Today’s rates include a month-to-month contract for 9.2 cents; a 3-month for 9.9 cents; a 6-month for 10.6 cents; a 12-month for 10.7 cents; a 24-month for 11.2 cents; and, a 60-month contract for 12.5 cents.  Suppliers continue to offer specials with a signed contract.  Some of these specials include bill credits, free companion airfare, and gift cards.  Green energy, including wind energy, are also available from some suppliers.

Now is the time to look into locking in a fixed rate on your electricity before the heat of the summer AND  before hurricane season begins.   If you already have a contract, make sure you know when the expiration date is, so you can be proactive and select another price of your choosing.

Please visit www.ReduceYourPowerCost.com for more information or to view electricity prices in other parts of Texas.

Switching Electricity Providers

We all see the ads about switching electricity providers to save money on our electric bills.  However, before deciding to change electricity providers, here are a few things to consider:

–  What rate am I currently paying?

–  Am I satisfied with my current company?

–  Do I have a contract with my current company?  If so, is there a cancellation fee?

–  Will I have to pay a deposit if I switch to a new company?

–  Does it cost me anything to switch?

Our website, www.ReduceYourPowerCost.com, allows you the ability to shop and compare prices from among 10 pre-qualified electricity suppliers in the state of Texas.  Residential and commercial rates are available, as well as “green energy”.  Several of the suppliers are currently offering specials with signed contracts including air miles, bill credits, and gift cards.

Today’s Electricity Rates in Corpus Christi

Electricity rates throughout the state of Texas have remained fairly constant over the last month, and Corpus Christi is no exception.  Today’s rates range from 9.1 cents for a month-to-month contract; a 3-month contract is 10.7 cents; a 6-month contract is 11 cents; a 12-month contract is 11.5 cents; an 18-month contract 11.9 cents; a 24-month contract is 12.2 cents; and, a 5-year contract is 13.5 cents.  Several suppliers continue to offer specials with a signed contract.

Through our ReduceYourPowerCost.com website, our Community of Savers Program can help your non-profit organization raise money while donors shop and compare the best residential electricity rates in Texas.  For more information regarding the Community of Savers Program, please contact us at info@reduceyourpowercost.com.

Electricity Contracts

A recent article in The Dallas Morning News discusses how many Texans have signed contracts for their residential electric service; however, many of those individuals don’t know when their contract expires, and that could end up costing those consumers more money in the long run.  Currently, retail electric providers do not have to let customers know when their contract is expiring.  This leaves the customer open to having their rate increased as soon as the contract expires.  The Public Utility Commission is working on some new rules, one of which would require retail electric providers to remind customers before their contract is up.  The PUC is also working on some rules which would speed up the switching process.  Currently, switching electric providers can take up to 45 days.

According to this same article, here are some suggestions to avoid any surprises on your electricity bills:

1)  Know what price you pay per kilowatt- hour, and know what date your contract expires.  Understand any cancellation fees that your supplier will charge you if you cancel your contract early.

2)  Understand the type of contract you signed, e.g. fixed-rate contract or variable-rate contract.

3)  Watch for notifications your electricity provider may send to you by mail or e-mail.

4)  Pay attention to news that your retail electricity provider might be going out of business, so you can start shopping around for a new provider.

For more information about electricity rates in Texas, please visit our website www.ReduceYourPowerCost.com.

Energy Saving Tip of the Week

The typical U.S. family spends about $1,900 a year on home utility bills according to the U.S. Department of Energy.   Use compact fluorescent light bulbs wherever possible to help save money and energy at the same time.

Comparing electric rates for your home or business is another way to help save money on your utility bills.  Visit www.ReduceYourPowerCost.com to check electricity rates in your city.

Residential Electric Specials

One of our 10 suppliers is offering Continental One Pass Miles when you sign-up for residential electric service.  If you live in the state of Texas, please check out our website www.ReduceYourPowerCost.com to compare rates for your home or business.  Start 2010 off right by saving money on your electricity bills!!

Corpus Christi Electricity Rates

The electricity rates in Corpus Christi have remained fairly constant over the last couple of months, just like they have in other parts of Texas.  Our suppliers are offering a month-to-month contract for 9.2 cents; a 3 and 6 month contract for 10.3 cents; and a 12 month contract for 11.8 cents.  A few suppliers offer longer term contracts as well, e.g. a 5 year contract would be 13 cents.

Please visit our website www.ReduceYourPowerCost.com to compare electricity rates for your home or business.  In addition, several of our suppliers are offering specials when you sign-up for residential electric service.