TXU Houston Texas
ByIs it Worth it to Use TXU or Reliant Energy in Houston?
If you are considering turning on electric service in your name to TXU Energy or Reliant Energy we would like to encourage you to consider other choices. Right now TXU Energy and Reliant Energy are not offering very competitive fixed electric service rates for residential electricity customers. Reliant Energy is currently offering only a variable electricity rate for the Houston area according to the state website and it is for 10.4 cents a kWh. Most providers offer a fixed electric rate that is locked in for a year or longer. A variable electricity rate is subject to change after the first month. Energy prices adjust on a variable electricity rate based on what natural gas prices do. In Houston energy prices are at a historical low for the year. If you lock in with Reliant Energy at 10.4 cents a kWh on a variable electric rate you can expect it to go up rather soon as the summer is closing in and many analysts predict a rise in Houston energy prices. Also a variable rate is an indication that an electric company is not able to hedge energy prices to even offer a fixed electric rate. In summary, a variable electricity price like what Reliant in Houston is offering is not the ideal electricity plan.
Moving to Houston and Need Electric Service Turned on Fast?
If you are moving to Houston or living there now but are about to switch electric companies to TXU Energy there is also an issue with making a switch over to them as well. They are offering a 14.9 cent fixed rate but they only offer a 24 month term. They are a large company but they were recently sold to a private equity group. The TXU rate of 14.9 is just not competitive with several other offers out there. There are 24 month fixed rates right now in the Houston area that are as low as 12.3 cents a kwh and this includes all fees and charges. That is over 2 cents a kWh difference in price. Going with TXU Energy or Reliant Energy who was also recently bought by a different company just doesn’t make sense anymore with their uncompetitive electricity prices and their new and different ownership.
Alternative to TXU and Reliant Energy for Electric Service
If you need a competitive electricity rate in Houston with an established reputable and ethical energy provider then we recommend giving Startex Power a try. This Houston electric company competes quite well against both Reliant and TXU Energy and they have no gimmicks and weird legal jargon to make their electricity rate look better. What you see is what you get when choosing Startex Power as your electricity provider in Texas. You can learn more about Startex by clicking here.
Bad or No Credit but Need a Switch Fast?
If you have bad credit, no credit or just need to move in or switch electricity providers extremely fast then there is really only one option in this circumstance. They have the best electricity plan for bad credit customers that basically gives you a second chance and allows you to avoid paying a deposit. This no deposit electricity plan is called the “Fresh Start Plan”. You can learn more about this electricity plan by visiting Bounce Energy. When you call be sure to ask for the “Fresh Start Plan”
Visit Bounce Energy and learn more – click here or call 1-866-945-8937