I heard it once before, but don’t remember where I wrote the info.
When is the best time to pick electricity rates?
And what details do you have to look out for?
I asked a friend about rates on Powertochoose.org. He said he stayed with Reliant at around 11 cents, because the delivery charge was included with Reliant (is what the person on the phone had told him). And his monthly bill will be about the same. Is this true?
Thanks, for the info!
Wayne
Tom: No, okay. The bottom line is when you go to Powertochose.org you will see offers depending on how much electricity you use each month. I do get a little hot under the collar because people tend to sit with the 2 biggies that they’re used to because they think it’s still the same company they used 20 years ago. It’s no longer the same company. Those companies are all gone, and these are names that are floating around out there. The big guys are the most expensive. When you go to Powertochose.org all of your deals will be there. You need to know what your average usage is in a house that’s either 2,000, 1,000, or 500.
If you use 500 you’re going to pay a little more because you use so little, but the fees and delivery charges are included at Powertochose.org in the offer they give you, and then when you go to that offer you’ll have a ESF, or … It’s an explanation of terms. In that will be very self explanatory. It’ll show you exactly what your costs are, and it does include those charges. The big guys are not who you should sit with. Charlie, you and I got 7.7 cents. That includes delivery charges also, and can you imagine 7.7 as opposed to 11 plus? It’s almost 50% off. Not quite.
Charlie: So many things you’ve said there. I want to circle back on here.
Tom: Go right ahead.
Charlie: Number 1 is the big guy argument. Going with the big guy. When I switch the last time, and when you helped me switch, I don’t want to tell you how much I was paying for Reliant-
Tom: I know.
Charlie: … When we switched off of them. It’s-
Tom: You’re paying more than 11.
Charlie: I will never go back to there again because for that reason. Anyway, the point … Nothing against them. That’s my opinion, but I would never go there again because of the way they dealt with it but … Then that was my own experience.
Tom: Mm-hmm (affirmative).
Charlie: Saying that for legal reasons. Here’s the irony of that. Reliant’s owned by NRG. We switched to a company that charged us pennies compared to what we were paying with Reliant, and guess who owned them?
Tom: NRG.
Charlie: You got it.
Tom: I know. I’ve done the same thing. I don’t care who owns them. You go with the deals, and they’re under a bunch of different names.
Charlie: That’s right.
Tom: But if you go to Powertochose.org you might find Reliant name, you will not find TXUs names.
Charlie: No, well-
Tom: They refuse to even fight that battle. They go ahead to market to people hoping that they will never go to Powertochose.org and understand the process.
Charlie: They’re using the Jonathan Gruber Association assumption of your intelligence on this.
Tom: Okay. I’m not going there.
Charlie: If you know what I mean. They’re assuming you’re a stupid voter.
Tom: Last time I made a comment about politics the whack jobs came out of the walls.
Charlie: Yeah, I know, but I’ll be home by the time they emerge from under the bridge.
Tom: You don’t seem to care.
Charlie: All right, yeah. Not so much. The other thing is about Powertochose.org. I know we’re over time here, but I want to make this clear, because there are other sites like them out there.
Tom: Careful where you go.
Charlie: Right, because not all those other … Some of those sites are operated by people with, let’s call it a vested interest.
Tom: Absolutely. Be very careful. There’s a bunch of the.
Charlie: They don’t include all the carrying charges on some of those other sites.
Tom: That’s true.
Charlie: Go to the one the state operates. This is one case where the government does it better.
Tom: Actually, yes.
Charlie: Go to Powertochose.org.
Tom: Last thing he asked, what are the best times? Right now is the best time, and October, November is another good time during the year. Never … From May to September you’re going to pay the highest rates. Don’t lock in anything then.
Charlie: Alrighty.
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