Texas Electricity Provider Comparison: How Does Bounce Energy Stack Up Against TXU Energy?

By energy_linguist, October 18, 2010, FAQs, Save Money

Comparing Texas electric companies side-by-side can be a daunting process, especially considering information in a constantly shifting and organic deregulated energy market makes finding straightforward information often difficult.

Now, I know what you’re thinking. “How can someone posting on the Bounce Energy blog possibly make an objective comparison?”

Fair enough, but I’m only really interested in displaying the facts as they are presented. It is up to you to determine whether a provider offers the rates, plan options, rewards and other programs necessary to win your business.

In this article, we’ll take on TXU Energy, one of largest Retail Electricity Providers in Texas. If you’ve been paying attention to billboards or TV commercials, I am sure you’ve noticed TXU’s “Variables Rates are Bad” ad campaign. In this article, we’ll help you understand your plan options so you can make the best decision for you and your family – whether that may be a variable rate plan OR a fixed rate plan.

Here’s an excerpt from the article (Read the Entire “Bounce Energy vs TXU Energy” Article)

“One of Bounce Energy’s primary goals is to give potential customers a wide variety of plans. We know not everyone’s situation is the same. Even though your rate may be locked in, we know that not everyone wants to enter into a binding contract with their electricity company for 12 or 24 months (and SOME DO!). With Bounce, you have a choice… you can lock in long term and put your mind at peace or you can go month-to-month and take advantage of falling prices and then lock in when they start to go up. We also provide shorter term fixed rate plans, like 6 or 9 months, to help you through higher temperature months without having to make a long-term commitment. It’s up to you.

Even though TXU’s advertising claims they don’t have variable rate plans, that doesn’t mean they don’t have month-to-month plans. They do. They just call them indexed rate plans, based on the price of natural gas, which is what most electricity providers in the market base their rates on anyway. They call variable rate plans “risky”, but don’t be fooled by tricky advertising – if the price of natural gas goes up, so will your TXU Energy rate if you’re on an indexed plan. A good question to ask if you call them is what would my indexed rate go to if natural gas prices spiked like they did 2008.”

Read the entire article, “Bounce Energy vs TXU Energy” here.


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Comments (4)

 

  1. roclafamilia says:

    Helpful blog, bookmarked the website with hopes to read more!

  2. Joe F. says:

    This is an eye-opening post.

  3. […] Texas Electricity Provider Comparison: How Does Bounce Energy Stack Up Against TXU Energy? […]