Tag Archives: electricity savings

The Recession is over, are you ready for prices to go up?!

Yes we can officially declare the worst recession in the US outside of the great depression is finally over. We can now go back to living our lives like there is a tomorrow and that the US will be leading the world to a better 21st century.

We know the recession is over because house prices dropped in Texas by almost 5% last year. Now I know if you’re in another part of the country 5% sounds like nothing when we are talking about the drop in housing prices in the recession, but in Texas that’s still 5% and we don’t like our homes to lose any value or anything else we own for that matter. With that being the case and our ability to weather most any economic storm due to our oil and gas state revenues, when Texas hits the bottom we’re the last chip to fall. Therefore, the recession is now over and we can all breathe a sigh of relief.

Unfortunately, for most of us, now with the recession over we will start to see an increase in almost everything we use especially electricity. Electricity on average is now at the lowest price point in relative dollars since 1960. That probably seems incredible to most of you but you just don’t realize how much more electricity we use now than in 1960. The biggest contributor to that usage is centralized air conditioning but there are many other culprits as well including all those computers, smart phones, flat screen TV’s, outside lighting, and so many other conveniences of today. The electricity grids we have built to date are almost all operating at close to capacity and with the advent of deregulation there is no “big daddy government funding” to provide for the necessary upgrades required for the next 30 years of growth.

Texas is projected to grow tremendously over the next 25 years and there is almost no way the electricity grid can keep up. Additionally, natural gas is at 10 year low prices and although we have discovered huge reserves of new gas it will not remain at these artificially low levels. Not to mention that with a reviving economy we will see demand for natural gas double over the next 10-15 years, since it is now the cheapest and cleanest burning fuel on the planet. Furthermore, with the implementation of EPA requirements for coal burning power plants, it’s very conceivable that our cheapest way to actually generate electricity may become even more expensive than wind power and solar energy.

The bottom line is that although we may now be in a recovery the price of our basic commodities will start to increase and as they do we will see the impact and one of those areas will be electricity. So if you think your electricity bill is high in the summer in Texas today, just wait a few years. It’s projected that electricity prices could easily double by 2020 and although that seems a ways out they will be steadily increasing from this point on. At the Texas Electricity Alliance we are working to make sure our customers are prepared for this and we are constantly working with them to improve their efficiency with their electricity usage and making sure they always have the best prices in the market.

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Why is Breaking Up so Hard to Do?

Break Your Electricity ContractWe notice a continuing theme at the Texas Electricity Alliance when we sign up a TXU customer to join our alliance and let us do the work for them when it comes to switching their electricity provider to save money. They tell us over and over that they have been with TXU forever and were just afraid to switch, concerned that something might happen to their electricity. At least with TXU, they knew they were paying too much but it always worked.

The truth is that it’s hard to leave any relationship, even a dysfunctional one. With everything in the world changing so fast, sometimes it’s nice not to always be dealing with managing the expenses in our daily lives. However, when it comes to electricity we are constantly educating our members on the fact the TXU does not generate or deliver electricity in Texas any more. The deregulation act of 2002 put an end to the TXU monopoly of cradle to grave electricity for their customers. Today, TXU is a reseller just like all those other electricity companies you may or may not have heard of. Electricity in Texas is delivered only by regulated utilities like ONCOR or Centerpoint.

So remember you’re not really breaking up with the old TXU, they actually left you almost 10 years ago but they do go to great lengths to make sure you don’t know that and that you still believe they are actually somehow a better way for you to buy electricity. The truth is, they have the highest prices in the market and make lots of mistakes with their billing system.

So, let the Texas Electricity Alliance help you through the break up and we’ll be there to ensure you every step of the way that everything we’ll be just fine and absolutely nothing about your electricity service is going to change except the price and always remember: Together We Save. Together We Share.

Check us out online to and see if we can save you $400-$2400 annually. We love saving people money!

Want to Cut Your Summer Electricity Bill in HALF? Then Turn Up Your AC and Buy a FAN!

Electrical ThermostatOne of the best ways to save $$ on your electricity is to turn up your AC to 80 during the day and no lower than 76 at night. Next step is to then buy fans for the largest rooms in your house and in your bedrooms. These two simple steps will save you 20-25% on your summer electricity bill.

Combine these solutions with a lower electricity rate from the Texas Electricity Alliance select provider, and you can cut your summer electricity bill in half. You can calculate your savings using our electricity savings calculator.

You may say 80 degrees is too hot and 76 degrees isn’t low enough at night because I like to sleep under the covers. Our advice is if you can afford it, then that’s great. But, just remember you are putting stress and strain on the Texas electricity grid and could be contributing to the rolling brown-outs that are most definitely on the way this hot, dry summer.

We recommend the Vornado floor fan for $29.00 at Costco.These fans are amazing, and we bet that by using this fan and following the temperature recommendations above you are just as comfortable as you have ever been in the Texas Summer heat and when you get your next electricity bill you will be glad you did.