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Smart Electricity Shopping During the Holiday Season

December means holiday shopping season for many people, but the one item most people leave off their list is to shop for a new electricity plan.

If your contract is due to expire in the next couple of months, you might be surprised at the affordable rate plans you can find during the holiday season. Winter is traditionally a slow season for electricity shopping, yet there are several good reasons to compare electric rates and lock in a plan for the upcoming year.

You might think that cold weather means higher rates, but that’s not always true.

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7 Tips To Keep Your Electric Bill Off The Naughty List

The holidays are coming and, for most people, that means your electricity usage will go up. This likely means that your holiday electric bills will go up as well.

Between late night festivities, holiday decorations, house guests, and lots of extra activity, utility bills go up almost every holiday season. That doesn’t have to happen, though, if you follow some helpful hints for cutting down on your power usage during these coming holiday weeks.

After all, you’ll appreciate a lower winter energy bill after the festivities are over in January.

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LED Christmas Lights: How Much Will You Save In Energy Costs?

Is decorating your house for the holiday season a growing obsession? Are you the next Clark Griswold?

For most people, once they start the tradition it continues to grow, year after year. After all, who can pass up the deep discounts at those after-Christmas sales? The only problem with an ever-growing collection of bright holiday cheeriness is that your electric bill will grow right along with your collection of lights.

It doesn’t have to be that way. While your old strings of lights and other electric decorations can add a big chunk to your holiday electric bill, today’s newer twinkles cost next to nothing for shining through the holiday season.

Make a sensible switch before decorating season and you’ll shine through the holidays for a fraction of the cost.

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9 Cool New Energy Saving Gadgets That Every Smart Home Needs

Tech-savvy homeowners can realize true energy savings by adding smart gadgets to their homes.

By upgrading and integrating your home’s smart capabilities, these gadgets allow HVAC, lighting, water, and security systems to use energy more efficiently. Small investments can save you big money. The newest batch of gadgets on the market look good and make your life easier.

Learn more about some of the coolest energy saving smart home gadgets available today.

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The Oncor/Sharyland Deal: How Customers Will Benefit

Sharyland customers – your nightmare electricity bills are officially coming to an end.

On July 24, 2017, Oncor announced that it had reached a definitive asset swap agreement with Sharyland Utilities (SU) valued at approximately $400 million. Upon PUCT approval and successful close of the transaction, Sharyland will receive approximately 258 miles of 345 kV transmission lines from Oncor, and Oncor will receive all of Sharyland’s distribution network and, following ERCOT transitioning, all of Sharyland’s retail delivery customers.

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Relief for Texas Electric Customers Affected by Hurricane Harvey

As the people of Southeast Texas return to their homes and assess the damage from Harvey, the Public Utility Commission of Texas (PUCT) has taken steps to help those directly impacted. On August 31, the PUCT passed emergency order #47552 requiring Retail Electric Providers to offer deferred payment plans to customers, by request, in areas covered by a disaster proclamation until September 29, 2017.

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Electricity Plans: More Than The Best Electric Rate

When you’re shopping for a new or better deal on electricity, your goal is naturally to find the cheapest electricity rate available. Easy enough, right? Actually, there’s more.

Electric suppliers offer many choices when it comes to your electricity options. Customers must consider not only the rate, but also additional features and incentives that go along with the rate. You’re really shopping for an electricity plan. Learning about all of the features included in an electricity plan can help you save on your energy usage, earn rewards, and ultimately save you money.

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Is a Short or Long-Term Electricity Contract the Better Deal?

It’s no secret that the cost of electricity can vary widely from month to month.

Most electricity customers discover this firsthand if they have signed up for a month-to-month electricity contract. There are natural price variations that happen each month depending on factors such as customer demand and electricity fuel generation costs. To avoid these price swings, most residential electric customers choose an electricity plan that locks in a favorable rate for a fixed length of time.

Contract term lengths with your electricity provider can be as short as 3 months or as long as 5 years, with the most common generally ranging from 6 months to 2 years. You may think the longer contracts are the better deals, but are they? What is the best length of an electricity plan for you?

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Texas is Deregulated. Why Can’t I Choose My Electricity Provider?

For most people living in states open to electric competition, the year deregulation was adopted marked a complete turnaround of electricity as they knew it. Instead of only having one utility to fulfill both supply and delivery of electricity, consumers got the power to choose their own supplier. Providers offering electricity plans and better electricity rates flooded the market and suddenly there were hundreds of choices for consumers.

Sadly, the windfall of electric choice is not available to all who live in Texas. Electric cooperatives (“co-ops”) and municipally-owned utilities (“munis”) are exempt from participating in deregulation. Additionally, Texas law includes exceptions for certain investor-owned utilities to delay participation in retail competition because of lack of competition in their wholesale market and/or their lack of being part of ERCOT.

What does this mean for you?

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Is Your Electricity Contract Expiring Soon?

Electricity deregulation gives consumers the power to choose their own electricity provider and an electricity plan that fits their budget. With this freedom comes responsibility. That fabulous rate you signed up for with your electricity provider will come to an end when your contract expires.

Don’t let your electricity contract expire without taking action. If you let your contract expire without renewing or switching providers, you will have a shocking electric bill coming your way. Keeping your rate low isn’t overly difficult, but it does require some planning and timely action.

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