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Old 08-16-2018, 06:17 PM   #1
Japawhat02
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Electricity pricing

What are yall paying with who? I use ~ 1500-1800 a month and am getting boned with a 200+ dollar bill.
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Old 08-16-2018, 06:22 PM   #2
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I use Reliant, not under contract at the moment though so I am curious what responses you get.

I had a free night/weekend plan before switching to this one, it was a joke. I would get hit with $100 in delivery fees on top of what the weekday power charges were. Turned out to be a massive ripoff.
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Old 08-16-2018, 06:40 PM   #3
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Yeah i never bought into that one, i guess it would work if you werent at home during the day and could shut it all down. There is always someone here so i get no breaks in usage.
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Old 08-16-2018, 06:41 PM   #4
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www.realsimpleenergy.com

One of the Tesla guys started it and gave the typical sales speech. I called BS and went to look at every plan I could on every site I could find and I couldn't find a better rate anywhere then what his site recommended.

If you know your monthly usage from the last 12 months is accurate then use that site and be done with it. He offers a paid version that does everything and switches everything over automatically every time like Energy Ogre does if you're that lazy.
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Old 08-16-2018, 08:55 PM   #5
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I called center point they will help you find a provider I found mine no deposit and were the cheapest
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Old 08-17-2018, 05:30 AM   #6
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I shop using TrueCost Electric Portal @ https://centerpointenergy.secure.force.com/

If you register it uses the data history from your meter to help determine the cheapest plan for you based on your historical usage. TrueCost adds up all available plan details (including base energy cost, estimated taxes, additional fees and even incentives) to calculate an estimated per-kWh price.
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Old 08-17-2018, 01:46 PM   #7
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Just used Bevo's link.. looks like I am gonna save anywhere from 4-5 cents per kWh (about $50/month savings).

Why the would these companies give incentives to sign a short term contract? You would think they want a longer commitment. Are they forecasting prices going up so they don't want to lock you in a long term fixed rate with the potential to lose money??
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Old 08-17-2018, 03:04 PM   #8
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Quote:
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Just used Bevo's link.. looks like I am gonna save anywhere from 4-5 cents per kWh (about $50/month savings).

Why the would these companies give incentives to sign a short term contract? You would think they want a longer commitment. Are they forecasting prices going up so they don't want to lock you in a long term fixed rate with the potential to lose money??
Because energy rate will always go up, so they lock in prices low in short term in hopes they will go up after contract is up.

Comparing my link and Bevos, the one I used would save an extra $40. Takes 5 minutes of work to put the info in but is your time really worth $480/hr?
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Old 08-17-2018, 03:30 PM   #9
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Quote:
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Because energy rate will always go up, so they lock in prices low in short term in hopes they will go up after contract is up.

Comparing my link and Bevos, the one I used would save an extra $40. Takes 5 minutes of work to put the info in but is your time really worth $480/hr?
One of the reasons I havent committed to a contract yet is because the last time I did I got shafted. More research needs to be done on my part before I decide whats best for me.

I will check your link out too when I get a chance.
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Old 08-17-2018, 07:47 PM   #10
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My contract is up end of Sept. There's a 3 month contract that would cost $4/mth more than a 9 month contract. I'm thinking about taking that and seeing what rates are like in December with the hopes that most people have gas heat and demand (therefore prices) will be lower then I can lock in a 9-12 mth rate then.
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Old 08-17-2018, 08:49 PM   #11
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http://www.texaspowerguide.com/

Put in your historical month-by-month data and it will show you the true costs of the different plans. I cut my bill over half (for summer months, paid over $500 to under $200 now) when I found this website over the ripoff power to choose website and all the over and under games the electric companies play to make you pay up.

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Old 08-17-2018, 09:46 PM   #12
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Quote:
Originally Posted by trunxgp1224 View Post
www.realsimpleenergy.com

One of the Tesla guys started it and gave the typical sales speech. I called BS and went to look at every plan I could on every site I could find and I couldn't find a better rate anywhere then what his site recommended.

If you know your monthly usage from the last 12 months is accurate then use that site and be done with it. He offers a paid version that does everything and switches everything over automatically every time like Energy Ogre does if you're that lazy.
I used your fancy link. They claimed they're going to save me 37% at a rate of 9.6/kWh. The average price I pay for electricity is 9.1 per kWh
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Old 08-17-2018, 10:42 PM   #13
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Quote:
Originally Posted by trunxgp1224 View Post
My contract is up end of Sept. There's a 3 month contract that would cost $4/mth more than a 9 month contract. I'm thinking about taking that and seeing what rates are like in December with the hopes that most people have gas heat and demand (therefore prices) will be lower then I can lock in a 9-12 mth rate then.
This is a good idea.
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Old 08-18-2018, 01:17 PM   #14
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Quote:
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I used your fancy link. They claimed they're going to save me 37% at a rate of 9.6/kWh. The average price I pay for electricity is 9.1 per kWh
Is that what you pay now, what plan and company is it with? When did you get the deal and could you still sign up for it now? It's easy to say I signed up last month or last year for X plan, but if you can't still sign up for it then it's pointless.

I can use any of the 3 sources provided so far in this thread an none of them gets even close to the plan I have now, the plan I have now isn't available any more and even with your link I'll be paying $450.71 more than I will on my current plan.
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Old 08-18-2018, 01:30 PM   #15
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I got a fixed rate 8.1c/kWh in Jan. but oil & gas prices are higher now.
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Old 08-20-2018, 04:34 PM   #16
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Switched to Veteran Energy's fixed 18 month at 9.8/kWh..

They offer a veteran discount so looking at an average of 9.6 for the next 18 months. Was considering their 24 month fixed at 10.3 as well, decided to save a little and see how everything plays out with electric prices over the next 18 months.
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Old 08-20-2018, 06:50 PM   #17
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They also offer a 60mth contract
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Old 08-21-2018, 07:49 AM   #18
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Quote:
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They also offer a 60mth contract
you think it's worth 10.6/kWh? I am sure I can get them to switch it to a 60 month.. I literally got my confirmation last night.
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Old 08-21-2018, 08:01 AM   #19
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scratch that, just got off the phone with them.. they are at 10.1/kWh for the 60 month - with my veterans discount I am getting it at 10/kWh.
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Old 08-21-2018, 12:48 PM   #20
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scratch that, just got off the phone with them.. they are at 10.1/kWh for the 60 month - with my veterans discount I am getting it at 10/kWh.
Yep, that's the one I saw. It's a gamble but it's not much more than most other plans and it would pay off big if something happens to energy. I can't see prices do anything but go up incrementally in any case and if they skyrocket anytime between now and 5 years you're going to hit it big
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