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Old 09-07-2009, 06:45 AM
 
838 posts, read 2,128,750 times
Reputation: 609
Default how to select the best electricity provider

Could someone please educate me on what criteria should one use to select a better energy provider in the area?

My monthly usage is around 1200 kWh
Area: 77077
Current rate: 0.172 per kWh

Power to Choose says there are rates as low as 9,4c in my area. OK. Do I simply go for a cheapest provider then? What if it's the variable rate? How does it affect me?

In other words, please advise how would you select your provider:
variable or fixed rate, etc. ?
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Old 09-07-2009, 07:46 AM
 
Location: Houston
3,567 posts, read 1,592,572 times
Reputation: 931
Quote:
Originally Posted by behtypa View Post
Could someone please educate me on what criteria should one use to select a better energy provider in the area?

My monthly usage is around 1200 kWh
Area: 77077
Current rate: 0.172 per kWh

Power to Choose says there are rates as low as 9,4c in my area. OK. Do I simply go for a cheapest provider then? What if it's the variable rate? How does it affect me?

In other words, please advise how would you select your provider:
variable or fixed rate, etc. ?
Who cares if it is - ANYTHING would be better than 17.2 cents My last bill was 10.2 and I think those 9.4 are just for the first month. ( intro ). Not sure, but if not... I should switch too.
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Old 09-07-2009, 09:43 AM
 
809 posts, read 2,169,363 times
Reputation: 540
Electricity shopping
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Old 09-07-2009, 10:22 AM
 
908 posts, read 1,376,630 times
Reputation: 1021
You are getting ripped off. Probably RELIANT. Go to powertochoose.org

I would personally only go with the fixed rate plans for 12 months. You should get about 11 cents or better.
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Old 09-07-2009, 10:42 AM
 
120 posts, read 453,386 times
Reputation: 64
It does not matter whom do you chose...because the 'provider' just bill you and collects the money. Centerpoint is the 'actual' company who does the work.
If you dont plan to cancel within 12 months, fixed may the best option. I personally would wait another couple of moths to lock the rates as the rate tend to drop lil more in winter..

Quote:
Originally Posted by behtypa View Post
Could someone please educate me on what criteria should one use to select a better energy provider in the area?

My monthly usage is around 1200 kWh
Area: 77077
Current rate: 0.172 per kWh

Power to Choose says there are rates as low as 9,4c in my area. OK. Do I simply go for a cheapest provider then? What if it's the variable rate? How does it affect me?

In other words, please advise how would you select your provider:
variable or fixed rate, etc. ?
Reply With Quote Quick reply to this message
 
Old 09-07-2009, 11:59 AM
 
12,673 posts, read 13,067,761 times
Reputation: 2517
No body can beat Tara Energy. I get 7.5kwh.
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Old 09-07-2009, 02:41 PM
 
Location: Houston
3,567 posts, read 1,592,572 times
Reputation: 931
Quote:
Originally Posted by Texas User View Post
No body can beat Tara Energy. I get 7.5kwh.
I have told you before, please ask your parents for the exact rate. I highly doubt you can get a fixed rate at 7.5 cents. Who is the provider?
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Old 09-07-2009, 04:11 PM
 
Location: Houston, TX
15,514 posts, read 15,154,703 times
Reputation: 13787
I recently used powertochose.com to select a provider. The vaiable rates go with the trading price for natural gas. Which up until the last few years was less than $3/MMbtu. The gas companies use some formula with this as a reference. I'm variable right now but if I think rates will go up I will lock. But you cant go back and forth w/o waiting a year.
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Old 09-07-2009, 05:33 PM
 
12,673 posts, read 13,067,761 times
Reputation: 2517
Quote:
Originally Posted by XodoX View Post
I have told you before, please ask your parents for the exact rate. I highly doubt you can get a fixed rate at 7.5 cents. Who is the provider?
Parents? Like I said earlier then my father had passed away years ago.

Also re-read my post. It has the provider listed. Also like I said before its not really what you know, its who you know.
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Old 09-07-2009, 05:39 PM
 
Location: Houston
3,567 posts, read 1,592,572 times
Reputation: 931
Quote:
Originally Posted by Texas User View Post

Also re-read my post. It has the provider listed. Also like I said before its not really what you know, its who you know.

I saw that, but it can't be Tara Energy. I just looked it up and they start at 11.55 cents. Look at your bill again. I'm wondering where you got that from... Knowing somebody who is working there won't get you a lower rate.
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