WHAT HAPPENS IF YOU CHOSE
After you chose a new electric provider,
your electricity will continue to be delivered
to you from the same power plant, over the same poles and wires and through
same electric meter as it is now.
The only thing that will change, is
you will receive a bill from new electric provider.
You will save money because you will be paying less per kWh than what you
currently. You will have the peace of mind knowing that your electric
service will not
increase in price during the entire term of your service agreement.
You will be in
control rather than being at the mercy of your incumbent whenever
hey decide they want to raise prices.
divided the local incumbent
electric company into two separate divisions
protect the consumer after deregulation, the state legislator divided the
incumbent power companies into two distinct divisions. One is the Sales,
customer service, and the second one is called the Poles and Wires Division.
The job of the Poles and Wires
Division which is also called the local wires company,
is to maintain the lines and read the meters. It is also this
division of the company that
restores power to the consumer after a power outage.
This division does not have a
product to sell, so the legislators approved a charge to
appear on the monthly bill of each consumer. That money goes to pay
the salaries and
overhead of the local wires company. That
means the local wires company works for
every electric customer regardless of who they have as their billing
During a power outage, the local
wires company treats each electric customer
the same. They restore power to each customer without discrimination.
The local wires company does not know nor do they care who
each customer has as
their electric provider. That is the reason, no customer needs to worry
that if they switch providers, their power
may be restored after the local
power companies customers power is restored.
RETAIL ELECTRIC Providers (rEPS)
must be approved by the state
Not just any company can begin to
sell electricity to local commercial or residential customers.
They must submit an application to the state. The state does a
very thorough investigation to
make sure they are financially sound. Only power companies with good
solid financial standings receive an approved to do business in the state.
The consumer does not have to be
concerned whether they power company they choose is a
solid company. The state has already determined that before they were
If a company should go out of
business, the consumer is still protected. Electric service is
maintained by what is called the Grid. The managers of the Grid will
merely switch all of the
customers of an electric company that goes out of business back to the last
provider on record
of each customer.
No customer will be without power
should that happen. The lights will not even flicker of any business who
is transferred back to their previous provider. this will give each
customer the opportunity to find a new provider or stay with their old provider.
Most consumers however will want to find a provider who is willing to sell them
power cheaper than the the local incumbent is willing to sell it to them.
gave the consumer options
Before deregulation everyone had to
buy their power from the local incumbent electric
company. Your local electric company set the price based upon the
maximum the state
Public Utility Commission (PUC) allowed.
Now the consumer is finding out they
do not have to pay those high prices. The consumer
has learned they can reduce their electric cost by a substantial amount.
can easily use $5,000 to $75,000 or more in electricity monthly.
users in some cases
have reduced their cost of electricity by tens of thousands of dollars
annually. Many business
customers have been able to reduce the cost of their electricity by several
annually. Over the term of a contract that is a substantial savings
since a contract is usually
from 12 to 36 months.
Many businesses have been having a hard time financially. The cost of electricity
is one of their
major expenses. Some have not been able to survive because of the
rising costs of doing business.
In many cases, the amount we have been able to help a business reduce their
has made a big difference in whether the business was profitable or not.
Power brokers can legally
charge their clients a fee.
is a power broker. Unlike many power brokers who legally charge their
clients a fee, PowerPartners
never charges our customers a fee because each provider we work with pays us
a fee when we give them a new customer.
Every electric provider pays all
brokers a fee for securing new customers for them. Brokers are
allowed to charge their clients a fee however PowerPartners
has elected to limit our
overhead so we never have to charge an additional fee to our customers. We
made a decision
to do business by mail, fax and telephone rather than paying salaries and
expenses for outside
We have included copies of a few of
the electric providers we do business with, in our web site.
That gives potential customers the opportunity to look over the contracts from
the various power
companies before they decide to switch to new provider.
The state regulates each providers
contract and its contents. A provider must submit any changes
to the state once a contract is approved before the provider can innate any
changes to a contract.
Even though the contracts may all look different, the contents are all the same.
About the only thing
that really changes between each contract is the amount of penalty each provider
will charge a customer
who terminates his agreement before the expiration date.
Each provider is required to make a commitment for the amount of electricity
each customer is expected to use over the term of their agreement. For
that reason, an early termination fee is allowed by the PUC. Customers
should carefully evaluate the cost of terminating a contract early to see if a
lower kWh rate is really worth paying a penalty.
together to obtain a lower quote
found, by grouping several businesses together and presenting them as
package to the various electric companies, our customers get a lower quote.
Over the past three
years this has proven very successful. We have been able to reduce
many of our clients electric cost
as much as 40%.
In some cases larger clients, can
save as much as tens of thousands of
dollars annually. Even a small
business can usually count on saving several thousand dollars each year.
not believe any business should pay more for electricity than is absolutely necessary.
gave the consumer the leverage and opportunity to take charge of their electric
overhead. This is
something we did not have the ability to do in the past.
The average commercial electric bill
in Texas is around $2,500.00 per month. A 25% savings would
save the business around $625.00 per month lowering their monthly bill to around
$1,875.00. Over a 36
month contract the business would save $22,500. The monthly savings to
business customers using more
electricity would be even more.
The average residential electric
bill in Texas is around $300.00 per month. A 10% savings would save the
customer around $30.00 per month lowering their monthly cost to around $270.00. Over
a 12 month contract the household would save around $360.00. Residential
customers whose monthly electricity cost is higher would save even more money.