Electricity in Texas has been deregulated since 2002. What that means in practical terms is that consumers get to select which electric service provider to use. But what a nightmare! It's time to wake up and simplify the process - with Energy Ogre!
The PowerToChoose.org site is supposed to let you easily shop, compare and choose providers. It's "the official and unbiased electric choice website of the Public Utility Commission of Texas." However, there are about 60 companies to choose from, some with mutiple plans; there are 163 plan choices in all.
You can eliminate some choices by first deciding if you want to see "all plans" or just those with no minimum usage fees. Then you can decide if you want a fixed rate plan, a variable rate plan, or an indexed plan. Next, do you want a prepaid plan or a time of use plan? These choices will help narrow down your options.
I'm just coming off a 12-month plan and attempted to navigate through the Power To Choose site. The price per kWh (kilowatt hour) is shown with the cost for 500 kWh, 1000 kWh and 2000 kWh. But guess what? Those are the costs only if you use EXACTLY 500, or 1000 or 2000 kWhs. The charges are actually based on pricing curves, so unless you know your usage information, what you sign up for is most likely not how much you will be billed.
Some plans are only for customers new to that particular provider. Some plans are short-term, or long-term or no contract required. Some have early termination fees. Others have "special terms". A "fact sheet" and "terms of service" information are provided for each plan. You can spend hours and hours searching for just the right star alignment, but you're still not guaranteed to come away with what you think you're signing up for.
I stumbled across a video on FaceBook last week for Energy Ogre. I did some research. I read reviews. I signed up! Energy Ogre uses sophisticated computer programs to search through all the companies and all the Texas plans to find THE best plan for each of their customers. Because my home is very energy efficient (last year I had 7 months with less than 500 kWh of usage, 3 months with usage between 500-1,000 kWh, and just 2 months over 1,000 - but barely over), I didn't want a plan with a $5 or $10/month minimum usage charge. Based on the provider and the plan they found for me, if my usage remains the same over the next 12 months, I'll be saving several hundred dollars, and that's after the Energy Ogre fee of $10/month or $120/year.
If you're not near the end of your current contract with your energy provider, EO will factor in early termination fees to see if it makes sense to ditch your current plan early.
This company does not advertise yet. They are growing through word of mouth. If you're in Texas and use electricity, Energy Ogre is worth a look.