TEXANS…..WAKE UP…..GET SMART….

Sound harsh…..it needed to be said. The scolding these words are intended to convey is justified.  Simply refer back to the facts outlined in the previous posting. 

Far too much complacency, skepticism, and even cynicism has prevailed among the homeowners within the state with regard to becoming fully informed about electricity deregulation matters. Too many have chosen status quo, which has been wrong.  The "Right of Choice" needs to be exercised for the benefit of all.  The end result would be an enhancement of competition among the providers and lowering of prices.

We all have now lived under the new rules for over eight years and made to suffer the ills of the new system put into effect on 1 January 2002. There are ways allowed by the statutes to lower the costs we pay for electricity. This aggregation project is assuredly the best solution devised to date. It’s model and strategy are indeed workable.  Many have worked long and hard to make it a reality.  It will not succeed without your contribution.  Failure would be tragic.

Electricity is now a commodity the same as gasoline or food…. products we buy on the open market. We should shop for the lowest price for electricity the same as we shop for a bag of groceries.  The fact that so many residential customers remain with the affiliated providers and continue to pay rates higher than those available from the new retail providers is the root cause for lack of real, unencumbered competition in the marketplace.

All are urged to move forward by participating in the aggregation. Please do the necessary homework and study to convince yourself it is the right thing to do.

The committee thanks you.

FACTS ARE TELLING....

Did you know that the latest data available from the PUCT reflects for the CenterPoint service area that the affiliated REP, Reliant Energy, continues to hold nearly a 46 % (45.9%) market share in number of customers, both residential and small business, as of 30 June 2010.  That number is much higher for the Oncor service area in North Texas where TXU has maintained their customer base at 54.14%.  In the opinion of this committee, these facts directly impact the development of real competition in our deregulated marketplace.  Rate prices will remain artificially high until more switches are made to the new, non-affiliated retail electric providers.  

AVERAGE RATE COMPARISONS

Another resource offered by the Public Utility Commission (PUCT) is a compilation of monthly reports  of average annual rate comparisons for residential electric service for selected Retail Electric Providers (REPs) in each of the five major TDU service areas across the state expressed in cents per kWh.  The prices shown for all REPs included for the CenterPoint service area at 1000 kWhs usage for 12 month fixed rate plans exceed what is available from Champion Energy Services through participation in this aggregation.  Click below to review the data.

http://www.puc.state.tx.us/electric/rates/RESrate.cfm