Sure you’ve got the best electric price?

States like Texas and Illinois that have deregulated their electric markets are counting on informed consumers to find their own best prices. However, there are a couple of reasons why this doesn’t work.

Money HouseA little more than a year ago, I was knocking on doors in a Houston neighborhood to survey homeowners about their electric purchasing experiences. One gentleman in particular stands out. He was retired, friendly and very willing to boast about the “best” price his contact had “hooked him up” with. Perhaps too quickly, I asked if he’d share his per kilowatt hour price with me. Hesitantly he let me know that he was paying .14 cents per kilowatt hour. THAT IS ALMOST DOUBLE WHAT HE SHOULD BE PAYING!

Unfortunately where the system breaks down is that consumers are busy and finding the right price is not a straightforward task. Purchasers often just have to rely on trust in what marketers are telling them and sadly those marketers are not always honest.

Better Business Bureau, Baby

bbb-logo

Today we received accreditation from the Better Business Bureau (BBB) and we’re so proud we want to shout it from the mountain tops. However, since we are not on mountain tops and it is rather late at night, we’ll happily post it to the internet via our blog and social media pages.

According to its website, the “BBB helps people find and recommend businesses, brands and charities they can trust.”

Basically they help you, the consumer, know that you’re dealing with a reputable company that delivers on promises. Why does that matter to us? Honestly, because we save people so much money by monitoring and switching their energy supplier that it is a little unbelievable.

If you want to become a believer, sign up at http://www.EnergySimp.ly.

ES (energy simply) and EVs (electric vehicles)

Energy Simply customers are part of a special market segment. Busy, upscale professionals who are sophisticated in leveraging their consumer powers. That is why we’re dedicating today’s post to the intersection of ES and EVs.

Recently, the Chevy Bolt EV was named Motor Trend’s 2017 car of the year. “Simply put, it’s twice the car for half the price of a BMW i3,” guest judge Chris Theodore said. “A better car, better package, much better handling, with twice the range.”bolt

On the flip side of the news cycle, Tesla recently came under a bit of fire for announcing they’d no longer offer free electric charge-ups to their customers. Depending on how much driving and electric rates, the added costs are estimated between $300 to $1000 per year.

But we’re not just shilling for Chevy or slinging at Tesla. Those who wish to save on their fuel costs by purchasing an EV can save even more if they are in the cheapest electricity plan. Why? Because electric rates vary widely in Texas between lows of 3 cents and highs of 14 cents and if you are charging your vehicle you would not want to pay nearly 5 times more than you have to, right? So, smart and savvy consumer, sign up for http://www.EnergySimp.ly, and take a deep breath knowing that you’ll always have the cheapest electric rate available.

Seasons Changing, Energy Needs Changing

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Today marks the first day of October and you have likely made some changes in your home climate control (or soon will be.)  If you’re in a warm part of the country like Texas, your electricity needs may be decreasing significantly as the weather cools-off and you can turn-down your air conditioning.  If you’re in a cooler part of the country like Illinois, your electricity needs may be increasing as you need to heat your home.  For many of Energy Simply’s customers, electricity usage varies by more than 2x between the summer months and the winter months.

If you’re not already signed-up as a customer of Energy Simply, having us keep you in the best electricity plan for YOUR home, now is a great time to consider signing-up.  Learn more about how Energy Simply saves you significant money by keeping you in the best electricity plan for your home at: https://www.energysimp.ly/how-it-works.

Energy Simply Announces Aggressive New Referral Program

At Energy Simply we love our customers – and it appears they love us! We’ve been growing at a steady clip because our service is all about conveniently saving money – we take care of choosing the best electric plan and switching energy companies for you so you’ll always be in the cheapest or cheapest renewable plan.

chain of peopleThe less obvious part, which we have come to learn, is that the majority of our growth is due to customer referrals! Our customers love us so much they are encouraging their friends and family to sign up with us.  We don’t want to be free-riders on that love, so as a way to say THANK YOU we are offering $10 for every signed up customer referred to us. There’s no limit either, we will pay $10, $50 or $500 – we will be happy to encourage people to spread the word about our company.

Even If you don’t live in Illinois or Texas, you can still go to our referral program page to sign up to refer people you know who do live there. Once they’re signed up, we’ll process payment and put it in the mail. And…Thanks!

Wichita Falls, Get $50 per month back on your electric bills.

We’re excited to announce that we’re ramping up our outreach to Wichita Falls, TX. After analysis of retail electric rates across Texas (which, frankly, we are always doing) we recognized that we can save the good people of Wichita Falls significant money on their electricity bills. You’ll hear our outreach on the radio at KCCU 88.7 FM, read about us in the Times Record News and learn about our service with our flyers in your mailbox.

Wichita FallsFor example, many Wichita Falls residents may be paying 8, 9, 10 cents or more per kWh. That is way too much! Many residents might be in a variable rate plan whose rates could skyrocket depending on your energy use. Right now, we can get customers into plans that are between 5 and 7 cents per kWh. That means we can save an average customer $50 or more per month.

Energy Simply is not a Retail Electric Company. We are your ally against the Retail Electric Companies. We are constantly shopping the market for the best rates and then we automatically switch our customers whenever we can save them money. We take the worry out of selecting an electric plan and save our customers an average of $50/month all for the low subscription price of $5/month. $50 to you, $5 to us…sign up or learn more at www.EnergySimp.ly.

Over Three Million Texas Households Aren’t Taking Advantage of Energy Choice

 

You could be one of over three million Texas households not taking advantage of energy choice.

The “incumbent” power companies in Houston and Dallas, Reliant Energy and TXU Energy, have over three million (3,000,000) Texans as customers between the two of them.  Except in some very rare cases, all of these customers could be saving money by taking advantage of energy choice.

If you’re on Reliant Energy’s cheapest variable plan in Houston, you’re currently paying $0.086/kWh at 2,000 kWh/month.  That’s $172/month.  You could be on a fixed rate plan for $0.069/kWh or $138/month.  That’s a savings of $34/month; and that’s just with rough numbers(1).  Choosing a plan specific to YOUR electricity use could save you even more.

If you’re on Reliant Energy’s cheapest variable plan in Dallas, you’re currently paying $0.076/kWh at 2,000 kWh/month.  That’s $152/month.  You could be on a fixed rate plan for $0.038/kWh or $76/month.  That’s a savings of $76/month or CUTTING YOUR ENERGY BILL IN HALF!  And that’s with just rough numbers(2).  Choosing a plan specific to YOUR electricity use could save you even more.

Energy Simply provides a service to our customers for $5/month to monitor the electricity market and keep you in the cheapest (or cheapest 100% renewable) plan for YOUR energy use.  You can sign-up today at https://www.EnergySimp.ly/.  And Energy Simply is 100% customer-focused – only accepting money from our customers and never taking kick-backs from power companies.

If you’re curious, read below to see how we calculated the number of customers who could be taking better advantage of energy:

Analysis

Texas power companies don’t usually publicly report their number of customers, but the staff of the Public Utility Commission of Texas (PUCT) suggests an amount of taxes each company is required to pay proportional to their number of customers.  Paul Ring of EnergyChoiceMatters.com has a story with these numbers.  You can easily calculate the approximate number of Texas customers for each power company:

 

Company             Taxes paid          Approximate number of Texas customers

TXU Energy               $22,210         1,670,000 customers

Reliant Energy           $19,770        1,500,000 customers

Ambit Texas               $5,627          425,000 customers

Green Mountain Energy     $4,567              350,000 customers

Stream Energy             $4,203        315,000 customers

Direct Energy             $3,896          300,000 customers

Just Energy               $3,327            250,000 customers

(1) Data is from PowerToChoose.org for Houston zip code 77009 as of Friday, September 25, 2015

(2) Data is from PowerToChoose.org for Dallas zip code as 75206 of Friday, September 25, 2015