Blog

Supply, Demand, and Reserve Margins: What’s Ahead for Texas Summer Electricity Rates

If you’ve shopped for an electricity plan in Texas recently, you’ve probably noticed that rates are rising. In fact, some of the energy rates for Texas plans have increased over 30% so far in 2018 and will continue to rise as the summer approaches.

What’s contributing to this rise? In short, it’s simple economics. Understanding the market forces at play in ERCOT will help you make an informed decision about your energy needs going into the summer and avoid a painful utility bill.

Read More about Supply, Demand, and Reserve Margins: What’s Ahead for Texas Summer Electricity Rates

Understanding Ohio’s Price To Compare

To promote energy choice in Ohio, the Ohio PUC requires that all utility bills include a Price To Compare disclosure. The intent of including this rate on electric bills is to give electricity shoppers a reference point to determine if an offer from an alternative supplier is a good deal or not. Sounds pretty straight-forward, but have you ever wondered how your Price to Compare is actually calculated and how can you use that information to save money? Read on to learn more about what the Price To Compare number is (and also what it isn’t) so that you can accurately compare apples to apples electricity rates. 

Read More about Understanding Ohio’s Price To Compare

Shopping For Your Best Electricity Deal? Know Your Usage

Being the electricity geeks that we are, we talk way too much with our customers, friends, and family about the price they’re paying for electricity. For whatever reason, people happen to like to swap stories about their electricity provider and rate. The conversation usually starts with “Hey, guess what? I just got a <insert ridiculously low rate>,” and usually (unfortunately) ends with a gotcha and a comment about teaser rates, fine print, and usage.

The biggest piece of advice we give to electricity shoppers is to know your historical electricity usage. This is especially true in markets like Texas where the advertised price of electricity is a combination of an energy rate and a delivery rate, and the final price you pay is completely dependent on your monthly kWh usage.

Read More about Shopping For Your Best Electricity Deal? Know Your Usage

Electricity Explained: From Flow to Dough

America’s demand for electricity is huge, totaling 18% of the world’s electricity consumption in 2015. We take for granted that electricity will be there when we turn on the lights or crank up the air conditioner. We can’t imagine life without it. But, have you ever wondered how electricity is made, or where it comes from, or how we get it the instant we want it?

Beginning in 1879, electricity was first sold in the United States by the California Electric Light Company in San Francisco which produced and sold enough electricity to run about 20 electric lights.  Since then the use of electricity has grown exponentially. Fast forward to 2016 and Americans consumed about 3.85 trillion kilowatthours (kWh) of electricity according to the U.S. Energy Information Administration. In this post we cover the basics about what powers this huge amount of consumption, the sources of electricity in the US, and the role of deregulation.

Read More about Electricity Explained: From Flow to Dough

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.

Read More about Smart Electricity Shopping During the Holiday Season

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.

Read More about 7 Tips To Keep Your Electric Bill Off The Naughty List

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.

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

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.

Read More about 9 Cool New Energy Saving Gadgets That Every Smart Home Needs

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.

Read More about The Oncor/Sharyland Deal: How Customers Will Benefit