Sugar coating electricity plans

by Donny on December 8, 2010

Lawyers, salesmen, and politicians all have a way of sugar coating things to make them sound better than they really are.

When I say salesmen, I’m including salesmen of electricity companies.

They have ways of making the negatives sound positive, thus making their company sound flawless.

However, if you too quickly buy into what they tell you, you man also too quickly find out the hard way that you did not buy the cheapest electricity.

For example: a long term rate of five years might sound like a cheapest plan, but it’s rate is aroun 15 cents per kilowatt hour whereas a short term plan is much more expensive, from anywhere between 16-31 cents per kilowatt hour.

So what they do is point out the much higher rate and the tell customers to go with the cheaper one, even though you as the consumer are still being forced to pay an arm and a leg.

If they are telling you rates nearly that high, just walk away from it, and look to a different company.

Also, instead of looking for the cheapest electricity by going to different websites of the companies, you can compare the rates of different providers right here by typing your zip code into our compare box and seeing what rates are offered near you.

Let’s go back to that five year plan for a minute.

Another negative to singing deals that long is that rates are constantly changing.

In Texas, consumers rely on gas and oil prices as a source of energy, and when they change, so do enrgy rates.

So it’d be unfortunate for you to have to pay over 15 cents per kilowatt hour when your neighbor might be paying less than 10 cents per kilowatt hour simply because his plan doesn’t last nearly as long.

If you live in a deregulated are, you have the right to choose from several energy providers. For further questions, comments or concerns, please feel free to call anytime at 1-800-971-8020.

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: