🕵️♂️ Understanding Texas Electricity Plans: Which One is Right for You? 🕵️♀️
Shopping for electricity in Texas has become a challenge. With over 150 utilities competing for your business, it’s a “buyer beware” situation! Utilities are getting creative to win you over, but some are using tactics that could be misleading, especially when it comes to advertised rates.
Beware of Deceptive Electricity Rates!
Many utilities have figured out ways to manipulate the Electricity Facts Label (EFL) and promote what appears to be an exceptionally low rate. But what’s really going on?
What is an Electricity Facts Label (EFL)?
You’re not alone if you’re wondering. The EFL was designed by the Public Utility Commission (PUC) to protect consumers, helping them compare electricity plans on a level playing field—apples to apples, not apples to oranges.
Here’s how it’s supposed to work:
500 kWh: Average rate shown, e.g., 10¢ per kWh
1000 kWh: Average rate shown, e.g., 9¢ per kWh
2000 kWh: Average rate shown, e.g., 8¢ per kWh
Sounds simple, right? But here’s where things get tricky. Some utilities advertise the lowest rate, like 8¢ per kWh, based on consuming 2000 kWh per month. However, most consumers don’t use exactly 2000 kWh each month.
The Fine Print and Hidden Costs
One of the common misleading practices involves offering a one-time bill credit at exactly the 1000 kWh threshold. This allows the utility to advertise a super-low rate, like 7¢ per kWh.
But here’s the catch:
Below 1000 kWh: No bill credit, and you’ll be charged something like 17¢ per kWh!
Above 2000 kWh: You might expect to still pay 7¢, but the actual cost could end up being 11.5¢ per kWh.
The Lesson: If It Sounds Too Good to Be True, It Probably Is!
Before signing up for any electricity plan, it’s crucial to understand the fine print and how your consumption impacts your bill. Compare plans carefully, and don’t be fooled by headline rates that seem too low to be true.
Steven F. Trimarco
Real Corporation
TX Registration # BR190069
{Established 1989}
trimarco@realsmartbuyer.com
Best Electric rates for ➡️ 🏡 or 🏪 ✅ 956 381-4446 or 866 287-9484
https://www.linkedin.com/in/%E2%9C%AA-steven-f-trimarco-ceo-of-real-corporation-%E2%9C%AA-0758bb61/
Electricity rates❕Click Here to Learn How to Read
PUC Facts labelClick Here ☛ for Commercial
Electricity rates❕
🕵️ Why Use an Energy Broker? 🌟 And Why Choose Us? 🕵️♀️
At Real Corporation, we deal with electricity services every day, ensuring the information we provide is always relevant and up-to-date. Navigating the complexities of the energy market can be confusing, especially if it's not something you handle regularly. That’s where an experienced energy broker becomes invaluable.
Misconception: Going Directly to a Utility Saves You Money
Many believe bypassing an energy broker and going straight to the utility company will save money. However, that’s often not the case, and here’s why:
1. Contract Type Matters
The rates you receive depend significantly on the type of contract you sign. Options include:
Fixed
Variable
Fixed with Variable Component
Index-based Contracts
Additionally, some contracts offer a "100% swing" clause. Generally, the more risk you’re willing to take, the lower the rate you’ll be quoted. But understanding the nuances of these contracts can be tricky without expert help.
2. The Complex Deregulated Market
Texas’s deregulated energy market has evolved into a complicated system. What was once straightforward now involves layers of complexity that can be difficult to navigate alone. A knowledgeable energy broker specializes in deciphering these layers to find the best solution for you.
Why Use a Specialist?
Think of it this way: Would you hire a bookkeeping service to manage your company’s taxes, or would you go to a CPA firm? Sure, you might save some money with the bookkeeping service, but a CPA specializing in tax preparation will likely save you much more by reducing your tax liability and shielding you from potential penalties.
Why Us?
At Real Corporation, we leverage our expertise to help you find the most suitable energy contracts tailored to your needs. We handle the complexity for you, ensuring you receive the best deal without hidden costs or surprises.
Steven F. Trimarco
Real Corporation
📞 956-381-4446
📧 trimarco@realsmartbuyer.com
🌐 www.realsmartbuyer.com
☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ ☛ Disclosure ☚☚☚☚☚☚☚☚☚☚☚☚☚☚☚☚☚☚☚☚☚☚
We represent some 19 Utility companies in Texas, and the utility company pays our fees.
Just like when you buy gas at a gas pump, you only pay what on the pump and no more no less.
The rates we provide you is all you pay. Utilities instead of paying their salespeople pay us, which is in the price quoted you.