by admin on July 28, 2010
When shopping for Texas electric rates in Houston you have a lot of choices but there are some important points to consider when choosing your electric company.
Many electric companies will advertise one rate but will hide their monthly service charge and other charges related to TDSP charges.
When picking a Houston Texas electric company you want to make sure that all fees and charges are bundled into the advertised rate.
Why would you want to sign up with an electric company that hides fees and charges?
If a Houston electricity provider hides their fees and charges you can bet they will also be willing to do other disreputable practices.
These types of electricity providers will sell your email address and information to other companies.
These companies will upsell you on other things without you opting in to receive upsells for other products and services.
You will basically end up being taken down suckers ally over time if you choose an electricity provider in Houston that seems to offer a great price for their electric service but hides certain fees.
by admin on September 2, 2008
I have had more then a few people ask me when I expect for electric rates to bottom out. Electric Service Consumers in Houston want to know if they should hold out longer and wait for rates to go lower. There is no good answer to that question. Just as it is impossible to pick a top or bottom in the stock market it is also impossible to pick a top or bottom with electric rates and the commodities market in oil and natural gas which Texas electric rates tend to follow.
Right now Houston Texas Electric rates are at an 8 month low and are sitting at afloor created back in January. It is a perfect floor to bounce off of if I have ever seen one, only speaking from a technical standpoint. If I was needing to lock into an electric rate I would lock in for 1 year or longer as rates will likely bounce off this floor and there is no telling when they may come back down. When picking Houston Electric rates you will have 3 options with Affordable Energy. They are currently offering a 1 year term, a 2 year term, and a 3 year fixed rate term. It all depends how risk averse you are but if you want to lock in near a bottom for the long term we recommend the 3 year fixed rate term.
By the way, regarding this drop in Houston Electricity rates, we called it. We have been telling people for several months that the spike in energy prices was a bubble that would soon burst. With the breaking down of Hurricane Gustav the gulf coast was spared with all their natural gas infrastructure which allowed energy and Houston electricity prices to come down even further, I think we can expect rates to come down another penny in the next few months before they come up again but this is only my estimation. Your guess could be better then mine otherwise I would be trading energy commodities.
