Electric company help.... (Fort Worth: homes, prices, vs)

[txbound09]

Hello all,

Well we are finally preparing to move to Fort Worth, I have my place set up, but now I must choose an electric company by Friday. Can someone please explain to me what the renewable energy is and why is their a fixed or variable rate. In Louisiana, we only had 1 choice, AEP, so I didn't have to choose. Can anyone recommend any good vs bad companies. I have looked at the Power to Choose website, but still have no clue as to whom I should choose. If the rate is 10.9, does that mean my bill will be fixed at 109.00 a month. PLEASE HELP!!

Thanks in advance,

txbound09

[DFWNewHomeSpecialist21]

Originally Posted by txbound09

Hello all,

Well we are finally preparing to move to Fort Worth, I have my place set up, but now I must choose an electric company by Friday. Can someone please explain to me what the renewable energy is and why is their a fixed or variable rate. In Louisiana, we only had 1 choice, AEP, so I didn't have to choose. Can anyone recommend any good vs bad companies. I have looked at the Power to Choose website, but still have no clue as to whom I should choose. If the rate is 10.9, does that mean my bill will be fixed at 109.00 a month. PLEASE HELP!!

Thanks in advance,

txbound09

$109 will be your bill for that mth if you use 1,000 kilowatts for that mth. If you use less, your bill will be less and vica versa. Renewable energy is good for the air, kind of like recycling (that is the best example I could come up with.) The lower the rate the better, especially with Texas heat. My recommendation would be to get a fix rate and a contract(at least 6 mths). On mth-to-mth the rate is higher, especially during the summer.

[txbound09]

DFW newhomespecialist,

Thanks for responding, I do understand better now. Just have to decide who to use now.

[loves2read]

google for electric providers--FTW paper ran article this past week with chart of complaints--some have more than others despite having lower rates--
some low electric rate providers went out of business last year when NG prices were so high--so I would be careful about choosing a company based solely on low price and be aware that even with a low KWH rate, if the NG rates go up ALL these companies have language in their contract to raise your charges--either by increasing the KWH charge or slapping on fee that will boost the cost of your electricity...

[Blessed123]

TXU and Reliant are the two biggies here. 10.9 means 10.9 cents PER KILOWATT HOUR. It is usually how all energy companies do their billing. I know TXU and Reliant will WANT your business so you should tell them you're checking other rates and tell them you want them to beat it. They will even if it's just for a 1 year term. If so, make sure you find out what the Kilowatt hour charge goes up to once the term ends. Good luck!