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IN YOUR CORNER - Our Story
Our Story: Texas Electric Bid has expertise in electricity and natural gas in Texas (Natural gas is the key component of what drives electric prices in Texas.) At the historical height of Natural Gas Prices we received a flurry of calls from Electric Companies who wanted us to lock into Two year fixed prices. However, we already could see Natural gas prices were coming down.
These electric companies had information that most consumers did not have. These electric companies knew prices were coming down yet they did not have the customers best interest in mind. We decided to change that.
Texas Electric Bid desires homeowners, business, churches and charities to achieve as competitive but financially secure electric rates as possible . Therefore we believe the following:
- The Preferred Electric Providers we have chosen to work with are customer driven and their electric supplies are financially stable.
- Information is key. We want the consumer to make wise choices so they need the best information possible.
- Supporting local business and charities keeps our local economy stronger. Therefore our Preferred Electric Providers and Charities are all local.
- Texas Electric Bid believes we should go the 2nd Mile for our community first and be Excellent Stewards of our environment.
Current Term: We recommend a current one year term to get through the Summer of 2008 and the next hurricane season. So far the winter has been colder then normal and has kept natural gas pricing stronger than expected. If the Summer is warmer then normal (last June and July were milder then normal) then natural gas prices will remain strong keeping electric prices higher. Once we get into summer, we may recommend longer than 12 months to get price protection through Summer 2008 and 2009.
Other FAQ’s:
Q) How is Texas Electric Bid compensated?
A) Texas Electric Bid is a licensed Texas Aggregator (PUC # 80267) and is paid by preferred electric providers for aggregating customers.
Q) Will my electric service be disrupted when I change?
A) No, it is a simple accounting change.
Q) If my power goes out in a storm, will my power be restored more quickly depending on who my electric provider is?
A) No, your local wires company will restore service as quickly as possible to all effected customers just as before.
We would be happy to answer any other questions you may have and request the Ten Best way to save on electricity : Questions@TexasElectricBid.com
