Posts Tagged “savings”

Monopolies aren’t good for customers, just companies. That’s true of electric companies, too. With monopolies, customers are simply left to put up with what they’ve got in front of them, service from one company. This gives companies all the advantage, and none of the difficulty. It also lets them drive prices up such that they can make profits without having to provide significant value to consumers.

Because of this, electric companies have been reined in such that deregulation laws in Texas have been put in place as of 2002. Now, most citizens in Texas can choose the providers they want for their electricity. That gives more competition, which puts customers in control once again. Deregulation means better customer service, a chance to use renewable energy sources instead of the “same old, same old” nonrenewable, bad for the environment sources, and better pricing as well.

That wasn’t always the case. Before deregulation was part of the landscape, a single utility provided service to an area and performed all duties, such as transmission, distribution, and sales. Consumers were left “holding the bag,” and had to put up with what they got, whether it was truly good value or not. However, deregulation has now changed this, so that one company handles distribution and transmission, but other companies handle billing and sales. Customers now have choice, so that they can choose the providers they want to provide service to them. The Public Utility Commission provides oversight for the entire process, so that pending problems are addressed immediately before they become overwhelming.

About 75% of today’s citizens in Texas can choose their own power providers, and to some extent, this also controls how much they pay. It also helps them choose where they get their power from and the level of service they enjoy. Private consumers and businesses alike are benefited by this, because when businesses benefit, their customers benefit, too.

Why? Because when businesses can choose their own electric service providers, they get lower utility costs and better service. In turn, they pass those savings and the benefits of that improved service on to customers.

Even with this improvement, of course, there are still some 25% of electric consumers in Texas who do not get the benefits competition provides. Large cities like Austin and San Antonio, for example, are among those who do not experience the benefits of deregulation, and areas that use electric cooperatives also are exempt from deregulation practices.

Even so, electric utility providers are still performing positive changes. Renewable energy sources continue to be experimented with, implemented where possible, and continually developed. For example, wind farms are springing up statewide and are one way of providing completely renewable and clean energy that can be converted for electrical needs.

If you are a citizen of Texas and you live somewhere where deregulation is enforced, make sure you use it and utilize its benefits. Choose your provider by shopping around for the company that’s best going to suit you and your family’s needs. Many websites, like ChooseEnergy.com, also provide tools whereby you can choose a company by comparing between companies with real-time pricing data. This allows you to shop around just by going online and comparing different companies with ease.

Once you’ve done your research and have chosen an electric provider that will meet your needs, at the best possible price, place an order with the company and they will send you information on what your rights as a customer. You will also get a terms of service agreement from your new provider. There is no need to contact your old provider, because your new provider will handle the change of service and you will simply get a notice that your service has been changed in your mail. Your next meter reading is when the change of service will actually take place.

However, do be aware that your new company is not going to take over responsibility for the final bills from your old company. Take care of those bills yourself, though, and you should be fine. Besides that one small responsibility, there is no effort in switching companies, such that it should be absolutely painless and automatically done. Just choose your new provider, and enjoy the benefits of deregulation and competition.

About the author: Jerry Dyess specializes in Texas Electricity news and Texas Electric prices.

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The removal of PPL rate caps that governed electrical and power costs has meant rate hikes for consumers. The hikes ranged from 19-37% for businesses and residential energy customers. However there are some measures that can be utilized to help offset these additional increases. ChooseEnergy.com is teaching customers the steps involved if they want to switch and choose a utility company that will provide services at a lower cost.

As the time for the rate hikes drew near, a PPL representative explained why they were necessary. In a prepared speech, it was revealed that PPL’s operational costs were high, costs which must be passed onto their consumers.

According to PPL the costs reflected the increases that power companies had been absorbing since 1996. The higher prices for equipment, technology, materials and fuel were all mentioned as being contributing factors. PPL and other power companies also blamed the new, increased costs on mandatory compliance that was needed to meet EPA regulations.

Despite this grim picture, deregulation brings many benefits to consumers. First, consumers can now choose the company from which they purchase their energy. Not only does this make comparison shopping possible, but it also paves the way for companies specializing in renewable power to capitalize on consumer interest in such sources.

Even so, energy costs will continue to rise. PPL attempts to offset these increases by offering discounts to customers for choosing energy efficient appliances, and also by offering more convenient and less expensive deferred and advance pay options.

Also, advances in metering technology empower customers to more effectively track their energy usage. By determining which appliances use the most energy, examining energy use during peek periods and even comparing current loads with those of nearby houses, residents and businesses can effectively tune their power use.

ChooseEnergy.com is taking a different approach, capitalizing on the benefits of deregulation to give consumers a better choice. Widely regarded for its experience and expertise in the energy field, ChooseEnergy.com promotes competition to help customers get the best service at the lowest rates in the newly deregulated market.

Energy Experts Enable You to Make the Best Choice. ChooseEnergy.com was first established in 2005. The company was structured around a far sighted vision that would allow customers to comparison shop for their energy supplier from among a variety of utility companies. It even integrated a means for some electric companies to actively place bids in hopes of gaining a customer’s business.

ChooseEnergy.com knew that allowing and supporting a customer’s right to switch to a provider offering energy at a lower cost would create a more competitive environment. This would then be reflected in lower prices due to the increased competition among companies vying for the right to deliver energy services to customers.

A large obstacle in this process is lack of awareness. Many consumers simply aren’t aware not only that they can choose their electric company, but that not all electric companies are created equal. Only through education and information will consumers learn of their ability to choose in this area.

ChooseEnergy.com is dedicated to helping the average citizen connect with an electrical company provider that will give them the best price, improved customer care, flexible payments and more billing options.

There are additional energy websites being operated by ChooseEnergy.com. The CleanTexasEnergy.com site was launched only a few months ago. This online site is going to focus on the availability of green energy to consumers residing in Texas.

Other sites to follow will focus on such availability in other locations around the nation. New York’s newly deregulated market will see its own website introduced late in 2009.

About the author: Jerry Dyess has been in the Commercial Energy business for the past 7 years. He has published many articles on Business Electric prices.

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When you get your paycheck are you often shocked to see that it is gone by the end of the week? Is a gone even sooner than that? If you feel your bills are low in cut back on all fixed expenses wherever you can, you are probably spending too much money on a regular basis each day.

Take a look at your spending habits. For 2 to 4 weeks, every last purchase you make. It sure you include everything from your monthly bills to gas to all snacks including coffee, gum, chips, lunch, fast food, etc. Don’t miss a thing.

By doing this, you’ll be able to decide what spending is unnecessary and what spending is just too expensive. You must eliminate any unnecessary spending and seriously cut back on excessive spending. Anything unnecessary is a waste of your money.

Here are some simple ways to cut back on your general daily spending. If you buy coffee every day, stop. Make your own coffee at home. If you spend a lot of money on Starbucks coffee or another expensive brand, making your own coffee at home can save you a lot of money. Sometimes you can even find a quality coffee Bean and still make cheaper coffee at home.

How often do you buy snacks at work or school? You are probably throwing a lot of money away there. Any kind of snacks such as candy, soda, chips, gum, etc. is a real waste of money, plus it’s unhealthy. By healthier snacks or you can take with you to work or school and save the extra money.

You can also save a lot of money by buying less gas. Stop making unnecessary trips by grouping errands together. Drive more carefully and drive less and you can save money because you are no longer wasting gas.

Still not sure that you can save money on a daily basis? Take these steps and tips as a starting point and build on it. Look through your own spending habits to see where you can switch it up and just keep working at it.

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For most people, birthdays are the catalysts for some of life’s most precious moments. Wonderful to have, but expense to plan, during an economy crisis families are looking for ways to save while still having a great birthday celebration. Try a few of these cost saving tips for the next birthday that you have to plan:

Make invitations or find some that you can buy for cheap! Try not to lose sight of the point of the birthday celebration. It’s to have fun! So, the invitations don’t have to be the focal point of things. They simply serve to get the “party started right”. There are plenty of great invitations that you can find at your local dollar store or discount party supply shop. You could even possibly find some at your local thrift store, which is sure to have some that have been left over from another person’s party endeavor. If you decide to make the invitations, be sure to use what you have already; otherwise, you could spend a lot on buying supplies. Research some styles online and use basic stuff to make some funky invites. But, since you are online anyway…you could even nix the paper invitations for some extra cool email invitations, which are usually FREE! Of course, don’t forget that a phone call or text message invite works just as well, also.

Goodie bags – Buy all of your candy and party treats such as stickers and little toys after the major holidays to get the biggest savings. There is usually an abundance of candy available after Halloween, Christmas, and Easter, most of which comes individually packaged and has a shelf life of a year or more. The best part of buying these goodies after the holidays is that they are usually discounted upwards of 75-90% off of the regular retail price.

Party decorations and supplies – Canvas the party store for items that they are either discontinuing or that are “out of season”, such as Hawaiian themed items during the fall months. Either go with a theme or a color based on what is available and build your party decor around it. If your child’s favorite character wears a green costume, get everything green that they have after Christmas or St. Patrick’s Day, mix and match, and only spend money on one or two “character” pieces. Your child will be happy to see his or her favorite character, but will not even think twice about why their character is not only “everything”. However, if you must make the character more visible, buy the cheapest stickers available and place them all over the place.

Use those coupons to save on food! Kids love the “easy” foods such as corndogs and tater tots. These are usually not only easy, but they are almost always fairly cheap, too. Use coupons to save on these items and on foods from national chains such as Domino’s or Pizza Hut. When it comes to birthday parties, kids don’t want to spend too much time eating when they could be running around and playing, so food is most likely NOT their number one priority. Consider using frozen pizzas also or even let them become their own “pizza chef” by supplying them with the makings, of which you would use coupons to purchase. Remember, some stores double or triple coupons, so you could feed a whole team of kids for practically nothing if you plan right.

Take advantage of cheap and free party places! There are tons of free places that you could use for a party, such as community centers and parks. Sometimes, you will find that the prices are different if you are a “group” with a reservation, with which you will end up paying a premium to hold your space. However, if you just show up with your group, these spaces are often FREE to use. In an economy crisis like we are in, you may want to seek out these free spaces as opposed to spending tons of money for a space.

Use your creativity, resourcefulness, and planning skills to knock some of the costliness out of the next birthday event that you plan and you will most likely enjoy yourself a lot more!!

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