Saturday, April 2, 2011

EXAMINE AND UNDERSTAND YOUR DARN BILL....

It is a must that every Texan know who their electricity provider is; whether their plan is variable, indexed or fixed, green or otherwise; the date of expiration of their contract; and finally the average cost paid for electricity that month.  Answers to all these questions are required by law to be on the monthly statement.  

Many homeowners I encounter and visit with in Houston either don't give a hoot or they are really dumb.  A common excuse is "the wife pays the bill".  This is the complacency I write so much about.  That is a key reason we're in the fix we are.  Get smart people.  Your attitude or ignorance is costing you and me money.  Just more straight talk folks.

That average cost figure is the most important bit of information.  The number expressed in cents per kWh includes all charges and fees, less taxes.  That number tells what the true cost of your electricity is and avoids all the 'Mickey Mouse' confusing details the REPs like to throw out.

That average cost should be at or near the lowest cost in the market for the type plan chosen per your review of Power to Choose.  If it isn't, you're paying too much.

Friday, April 1, 2011

MARKET SHARE UPDATE....

I last discussed this issue in postings dated 12 October last year and 2 March 2011. The percentage of  customers in the residential sector still retained by the affiliated or old legacy companies is little improved. See the numbers below.  

As long as TXU and Reliant maintain these high numbers, rate prices will remain artificially high until more switches are made to the new, non-affiliated retail electric providers.  It is simple folks.  Competition cannot flourish with a monopoly being held. This is just one facet of the awareness and education game.
                                        JUNE                SEPT                   DEC

ONCOR                          54.14                 53.77                  52.49

CENTERPOINT             45.90                 45.20                  44.56

WHERE IS ALL THE OUTRAGE?....

REPEAT.....WHERE IS THE OUTRAGE?  Recent polls across the country, certainly including Texas, have revealed that 3 out of 4 persons disapprove of government and big business.  All one has to consider are the abuses of Wall Street, excessive corporate profits and CEO salaries and benefit packages, unfair prices we are paying for our electricity and the lack of adequate consumer protections.  The people must rise up and revolt.

This blog has attempted to create awareness, that in so far as electricity deregulation is concerned ,Texans are being screwed by the system put into place over nine years ago.  All it takes is for Joe Homeowner to recognize this injustice and to start caring and become better informed.  Instead of cowering down, the majority should be screaming loudly how do we fix this situation and act to get involved.