Need a Texas Electric Provider with a Guaranteed No Deposit Requirement?

Bounce Energy is currently offering a “no deposit or low deposit plan” that will allow those with bad credit scores to qualify for a no or low deposit electric rate depending on credit score. The rate is a cheap Texas electric rate and many times cheaper than some of the bigger brand name electricity providers in the state.

Sign up Now with Bounce Energy or call 1-866-945-8937 and ask for the “No or Low Deposit Plans”

Compare Amigo With The Others

Amigo Energy has an updated electricity facts label on the www.powertochoose.org website. Their electric rate continues to be one of the lowest electric rates with pretty fare terms and agreements when comparing with some of the other discount electric providers in Texas. For instance, as of 9-12-2007 they have a 12 month rate at 10.7 cents kWh but if you add the $6.95 monthly customer charge you will be paying a rate of about 11.4 cents kWh cents. Because there is a $6.95 cent monthly base charge this would actually make the rate a little higher then Spark as they do not charge a monthly customer charge. Spark Energy which is offering a 10.3 cents kWh rate for 6 months and a 11 cents\kWh rate at 12 months has no monthly customer service charge. If you want to sign up with them you can click here and do it online immediately – Spark Energy 11 cents kWh | No Monthly Customer Service Charge | Very Low early termination fee | No Hidden Charges | No Deposit Under Most Situations

Learn More about Spark Energy Online Promotional Rate - Promo\Coupon Code Built In


Amigo Energy Facts Label

Here it is, Amigo Energy’s Residential Electricity Facts label. The Facts Label is the equivalent of the nutrition label on the back of a can of food. It is really all you need to compare rates prior to signing a contract. They can’t mislead you on the facts label and then offer a different electric contract or they would be in serious trouble with the (PUC) Public Utility Commission.

Electricity Facts
Amigo Energy Services
Electronic Offer 12-mo Commitment Program featuring E-BIlling and direct debit payments Rate Code: ONLINE-12
9/12/2007

Electricity
Price

Average monthly use: 500 kWh 1,000 kWh 1,500 kWh
Average price per kilowatt hour:      
TXU (Oncor) Area: 10.7 ¢ 10.7 ¢ 10.7 ¢
Centerpoint (Houston) Area: 11.2 ¢ 11.2 ¢ 11.2 ¢
AEP Central (CP&L) Area: 10.8 ¢ 10.8 ¢ 10.8 ¢
TNMP Service Area: 11.1 ¢ 11.1 ¢ 11.1 ¢
AEP North (WTU) Area: 11.5 ¢ 11.5 ¢ 11.5 ¢


This price consists of the price per kWh charge plus a $0 fixed monthly charge for meters using at least 500 kWh per billing period. At or above 500 kWh per billing period your average price per kWh for electric service will not vary regardless of usage.

This price consists of the price per kWh charge plus a $6.95 fixed monthly charge for meters using less than 500 kWh per billing period. Your average price for electric service per kWh will vary according to how much electricity you use.
 

2 Average Months: JUN &SEP
Average Month kWh Charge: above
8 Off-Peak Months: OCT-MAY
Off-Peak kWh Charge: 0.23 ¢ off-peak discount
2 On-Peak Months: JUL-AUG
On-Peak kWh Charge: 0.57 ¢ on-peak charge


Contract

Minimum Term: 12 Months Early Termination Fee: $69.95

See Terms of Service for a full Listing of fees, deposit policy, and other terms.

Sources of
power
generation

   

Texas

 

This Product

(for comparison)

Coal and Lignite

32%

32%

Natural Gas

51%

51%

Nuclear

10%

10%

Renewable Energy

4%

4%

Other

3%

3%

Total

100%

100%

3 Comments
Jack McClintock

Your electricity facts label is incomplete. It does not show the amount of emissions generated by Amigo's various plans, nor how these amount compare to the Texas average.

Reply

Lumpy

AMIGO are thieves, just in case you hadn't realized as much already. Got me at 24 cents per KWh, didn't notify me my fixed had ended and it has taken 2 mnths to switch:)

Reply

Jerry H

No matter what electric company you are with BEWARE trust no one with your money. Their main goal is to get the most out of their product at any expense (mainly ours).

Reply

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