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Tips For Choosing a New Texas Electricity Provider
1. CHOOSING A NEW TEXAS ELECTRICITY PROVIDER From Bounce Energy
2. Choosing a Texas Electricity Provider can be very challenging. Included are a few steps that should make the decision process a little easier on you and possibly your wallet.
6. STEP #1: Decide on a Rate Structure Variable Rate (aka Month-to-Month) Plan No contract required Based on current energy market conditions so the rate you pay can increase or decrease each month Allows you to benefit from low energy rates; however, if prices rise, so will your rate Good for those who want the best rate without having to search for it Fixed Rate Plan Requires a contract, typically for two years Rate stays constant throughout the term of your contract regardless of fluctuations in the energy market Good for those on household budgets
7. STEP #2: Choose an Energy Source Non-Renewable Plan. This is the most standard and this electricity is produced from burning fossil fuels such as coal, natural gas and oil. Renewable (Green) Plan. Energy is produced from renewable sources such as solar, hydroelectric, landfill gas, biomass, geothermal, or wind. You can check the energy provider’s Electricity Facts Label (EFL) to see if their plan produces electricity from renewable resources. EFLs, similar to a nutrition labels, provide information on electricity prices, contract terms, sources of generation, and emissions levels. This information will help you make an informed decision about your electric service.
8. STEP #3. Compare Incentives Sign-Up Promotions Gift cards, airline miles, charitable donations, or better rates if you sign up online. For example, just for signing up for Bounce Energy’s Terrific 12 plan you’ll receive your choice of a $25 gift card to Target, Wal-Mart, GAP Inc., Shell, or a $25 bill credit. Loyalty Rewards Some companies offer rewards programs to their customers such as cash back and gifts. For example, Bounce Energy rewards customers for paying their bills on-time. Customers who pay their bill on-time for 6 consecutive months receive their choice of 2 movie tickets or a free companion airfare ticket and also gain access to Bounce Energy’s VIP Customer Service line.
9. STEP #4. Compare Providers You can do this through two websites: www.TexasElectricityRatings.com www.ChooseEnergy.com Enter your zip and pick your plan and these sites do the rest. You’ll be able to see a list of Texas electricity providers and their company information such as company rating, electricity plans, if they sell renewable or non-renewable energy and promotions and incentives offered.
10. There are many electricity providers and plans out there. A little research will allow you to find one that is right for your electricity needs and your budget.