Texas Power
Mar
07

YEP | Your Electric Provider

By admin

YEP Energy is a new electric company in Texas that has several energy professionals that have experience working in the Texas electric and natural gas market for several years. YEP is a licensed retail electric provider in Texas however they are a new company and there is not a lot of information available about the company. From the comments posted by YEP customers at the bottom of this article it is complained that YEP tags on additional charges in the form of TDSP pass through charges that are not initially disclosed in their advertising. To see a comparison of Texas electric providers with all fees and charges including TDSP charges fully disclosed you compare using the chart below.


Normally TDSP charges are already bundled into an all in rate when initially advertised as you would see if browsing on the power to choose website or this website. Apparently from the statements of YEP’s customers, YEP advertises a rate that does not include pole and wires charges and then when they get their bill those additional charges are added into the rate. In Texas most residential fixed electric rates bundle their TDSP charges in with the energy only charges to quote an all in rate. These all in rates are the norm in the Texas Residential electric service market and make residential electric rate comparisons a breeze for customers shopping rates. When a few electric companies deviate and show a rate without the TDSP fees bundled in, it deceives the customers. If other YEP customers or YEP electric company reps could respond to these complaints and verify if they are true, it would be appreciated. If you have a YEP bill you would like us to bill audit please fax to 1-903-484-9222.

Feel Free to Let Others Know Your Experience With YEP Energy

Digging around the internet we have found that they primarily advertise to residential electric customers in Texas with not a lot of emphasis on commercial energy in Texas. Their electric rates appear to be competitive when comparing with other electric companies in Texas. One issue we have seen with new electric companies entering the Texas market is starting out with an undiciplined energy hedging and risk management policy. Electricity ends up being sold cheaper then the company can afford and we have seen several electric companies end customer energy contracts, pack up, and leave the state of Texas never to return.

Because YEP does not yet have a long established history in the state of Texas we would recommend electric customers to be cautious when signing up with them. YEP also goes by Southwest Power and Light which is very similar in name to SWEPCO which is called Southwestern Power and Light and is not affiliated with TEXPO in anyway. YEP also goes by TEXPO. For a comparable Texas electric provider offering similar low cost discount electric rates we would recommend comparing YEP with Startex Power for a good shorter term rate or variable rate and comparing with a fixed electric rate we also recommend Startex Power.

Learn more about Startex Power

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Categories : Texas Electricity

31 Comments

1

I received a call today from a Your Energy Provider customer saying that they called YEP to dispute electric bill charges. According to the customer they signed up on a fixed electric rate which appeared to be the cheapest fixed electric rate at the time. Additional charges showed up on her bill causing the TDSP charges to go up higher. Since she signed up on a fixed residential electric rate the TDSP charges should be locked in. Providers are not allowed to raise their electric rates on a current fixed rate contract and blame it on TDSP charges. A residential fixed electric rate should be an all in rate without the risk of price fluctuations.

If you are a customer of YEP and have had your electric bill crammed with additional charges you did not agree to you can fax your issue and the electric bill in question to the PUCT at : Fax 512-936-7003

Please describe your issue and the work you did to resolve the issue. Describe what YEP told you and fax your electric bill in total along with your descriptive explanation of the issue to the Public Utility Commissions fax number.

2

I have just received my first bill from YEPE and have had the same experience. The extra fees have taken the price from the stated .127 to .151 I have tried calling, but left on hold, I have tried the chat line but can’t get through, I have sent e-mails to customer service but have not gotten replies. So much for the claim concerning good customer service. I have additional charges added to the bill for TDSP, and regulartory fees. I did not have the additional fees when I was with reliant.

3

I want to know what is the average delivery charge/tdsp rate? I have gotten a bill of $89. $49 of that for TDSP/delivery charge. I have only been in the apartment for 2 weeks and my usage is only 152 kwh!!!!

4

in addition to that, I signed up for a 3 month fixed term of $0.135 kwh. It said on my bill that the average price I paid is $.207. How did that happen and even if that is the case, how did I get an $89 bill?

5

I signed up for a fixed rate of $.125/kWh and was billed at varying rates above $.133. Cannot reach Customer Service by phone, and they do not answer emails. The only response I got was after I mailed a complaint to the Texas PUC with a copy to YEP Customer Service and that was to say that the rate was correct. I have now mailed a request for the Facts Label in effect at the time of my agreement since once again I can get no response from their Customer Service via email. Does anyone know how I can get out of this contract without penalty?

6

I am currently on the “Guaranteed Savings and no Long Term Commitment Plan.” I have racked my brain going back and forth between my bill and the Facts Label, and it doesn’t make any sense at all. The September Facts Label shows an average costs based on usage (18.1 cents per kwh for 500 kwh, 16.0 cents per kwh for 1000, and 15.9 cents per kwh for 1500 kwh) for my area (AEP Central). Those numbers are averages based on a base charge of 12.7 cents per kwh for AEP Central “plus all delivery charges from your TDSP.” I used 2102 kwh of electricity last month with TDSP charges of 75.91 on my bill. That comes out to be 3.6 cents per kwh for TDSP charges, combined with the base charge of 12.7 cents, so that equals 16.3 cents per kwh total. Taxes are separate, of course, and I understand that. Well, my average price paid for electricity on my bill (excluding taxes) was 19.2 cents per kwh. Why in the world is my price so high? The Facts Label claims that their price will be between 7-20% lower than the total price to be paid (base price plus TDSP charges) WTU Retail Energy in my service area. WTU doesn’t even appear as a provider choice for me on the power to choose website. All the other companies listed for other areas, which are usually more expensive than average (Reliant, CPL, TXU) are either the same price or cheaper. On a side note, I went to the actual AEP website and saw what YEP actually overcharged me on my TDSP charges. I’ve filed a complaint with the PUCT. I will switch providers in a month so YEP will get to gouge me one more time. Customer service is awful. Avoid this company like the plague…don’t walk, run!

7

well i was in the process of signing up for this electric company, but after reading all the negative responces from aggrivated customers, i have indeed changed my mind!!!! To all of you have are having problems w/ this company, please be advised that you can and should contact the PUCT to file official complaints. That is the Public Utility Commission that all of the light companies have to answer to. Good Luck!!!!!!

8

This company is a bottom feeder, stay away from them. Their customer service is just as bad. File on them for price gouging, deptive trade practives, BBB, Federal Trade Commission, Texas Attorney General.

9

The way they lure in new customers and then tack on this tdsp charge should not be legal, although they would probably not be able to do it unless it were. Their terms are highly confusing (by design, I suspect), and there is no indication of what to expect these tdsp charges to be. I was even more infuriated when i found out these charges are directly related to usage. So in reality, i was paying .189 cents, which is a higher rate than the company I left. who in their right mind would switch to a provider that charges more for the exact same electricity? I even had one of the many customer service reps admit that the way they charge is misleading.

I sent them a check for the stated amount of .15 cents/kwh + taxes, and they sent back a nasty letter saying they would shut off my service and seek legal action if i didnt pay the balance with the late fee. This company is run by crooks.

Thanks for the suggestion. I do believe I will contact the PUCT.

10

I’m afraid I too was victimized by YEP as well. Having just finished out a 12 month fixed rate contract that was about as fixed as the price of oil. Not only was the rate they quoted me false but they have a billing system that almost forces you to pay via credit card or bank draft. They do give you 16 days to pay but what they don’t tell you is that 10 of those days are them waiting for the check to clear. So in reality, if you drop the check in the mail the day after you get the bill it will probably be considered late because of the mail lag and 10 day to clear parameter will force it past the due date. Then they instantly send you a notice of disconnection and basically demand payment. I think that the fact that the Texas PUC lets companies like this operate is a disgrace. These guys are complete schlocks! They tried to rip me off of my last month of my 12 month contract saying that the day I asked to switch to YEP was my service date and since my last meter read was past that date I was charged the month to month rate, which by the way, was outrageous. I fought with them on the phone and in their useless chat rooms for weeks and finally paid what my contract rate should have been. Then I filed a complaint with the Texas PUC and I have finally received a refund and gratification. I have to say, generally I am not a fan of industry regulation but, after this experience, I am. DEREGULATED POWER IS NOT WORKING AND PEOPLE ARE BEING RIPPED OFF BY THESE FLY BY NIGHT COMPANIES. STAY AWAY FROM YEP!

11

Stay clear of this company! They are crooks. Unfortunately, both i and my parents signed up for service an have been with them for a year. Tomorrow I am filing a complaint with the BBB and the Texas PUC. From the time I signed up, they tried to rip me off. This company is a subsidiary of Texpo Energy and operates in a low key, under the radar manner. During the first 3 months, they would not honor the rate they promised us. They kept blaming it on the variable portion attributable to CenterPoint. Since I am an accountant and understood the rates and made it clear that their portion was the one that was too high, I was finally able to get them to correct this. It took numerous calls and threats. Now that the contract expired, I find they have nearly doubled my rate in the last month and failed to send me last month’s bill. That means I got screwed twice before it came to my attention. The joke’s on them! Not only will I file the compalint, I’m not paying the bill no matter what!

12

Not only are their rates not what they quote, but the customer service is horrible – IF you can get through. I’ve spent hours trying to get someone on the phone and on the live chat. In addition, the past 2 months, after I paid my bill, my service has been disconnected! After the first time (power was off for 9 hrs. before the technician got back to reconnect!), I called to verify receipt of payment and asked that they make sure I don’t get disconnected. The rep assured me that the account is paid and disconnect will not happen. Guess what? My service was once again disconnected for non-payment! When I called YEP, the same rep who had told me the day before that my acct. was OK answered my call and asked how he could help. I told him that my service was disconnected and his response was, “Your service has been disconnected?” I was furious! Evidently, there was a problem with the disconnect orders being sent out; even though my account was paid, it was not showing paid???? Any how, again, my service was off 6 hrs. before the tech came back. Once again, my bill is paid; I’m waiting to see if the Oncor truck pulls up and turns off my service (of course, when I tell him my acct. is paid and I’m trying to reach YEP, the hold time is too long, and he leaves!) I have filed a formal complaint with the PUC. I’m looking to change providers, but seems none of them are without major complaints! What to do??

13

I signed on with YEP last spring and have had numerous problems with them. My first bill was only for 89.00 and I paid it online only to have someone disconnect it for non payment. I called YEP and paid within 5 mins. of disconnect but it took 24 hours to get it back on. I contacted them & they said I see where you tried to pay online but it didn’t go thru. I never received a disconnect notice from them. Also they have charged me as high as 15.7 per Kwt when I signed up at 13.1 due to adding the TDSP charges.

14

I should also add I have filed complaints against them with the PUC only YEP said I did not talk to them first, which of course was a lie and I have all this documented. And yes I had made an agreement to pay by friday and they sent a disconnect on thursday and I could not get thru to them until monday & I paid and they told me it was fine. And Tuesday morning ONCOR pulled up & turned it off again. We had a 12 hour wait to get it back on. If anyone of you knows an attorney we could file a class action suit against this company with please e mail me. nreie2008@yahoo.com they are rude and we have NEVER had our electricity turned off before I signed up with this company. I got my bill in Jan on the 7th and it was dated the 2nd & I got a disconnect notice Jan 30th dated the 20th so do they just back date these notices and bills because even the US postal service is not that slow! As soon as my contract is up we these guys I am changing and believe me I am counting the days!!!!!
Signed another victim of deregulation

15

Had no problems with YEP on my 12 month contract (that I’m aware of). Long before my 12 months were up, I contacted YEP about month to month service. I believed them when they told me I would be charged the advertised rate. When the first invoice came, they had charged 30% over the advertised rate. When I called them, they told me it was a mistake and would be corrected on the next invoice. Same 30% over billing the next month and same story from YEP, and the 3rd month the same. I then switched to another provider and filed a complaint with the PUC. YEP agreed to only charge me 15% over the advertised rate. The PUC “cutomer protection” division doesn’t want to help or are too busy to help. They just forward me the propoganda YEP sends out. I’ve had the same problems getting through to YEP….can take hours.

16

The bills by YEP are not based on usage. They have no record of ever reading my meter. The are “guessing” at my bill. They will not answer questions truthfully when I call. I have to switch immediately before any more damage is done.

17

YEP is not a company I would recommend. I just dropped them…they tack on charges and offer poor customer service. I recently called them to inquire about a new rate. They would rather lose me than match their new rate posted for new customers. Maybe someone should explain it is much cheaper to keep an existing customer than find a new one. I just signed up with Startex. Use YEP at your own peril!!!!!

18

I was due to close on my house on 26 Feb 2009 but the closing got pushed back. So I called all of my utilities including this sham of a company. I spoke with one of the “customer service” reps who assured me the date for the electricity turn off was pushed back to the new requested date of 3 March 09. Well today, 26 Feb, my electricity was turned off. I called them and got the runaround about how there were no notes on my account about a new date of cancellation. All they could say was there is no record. I spoke with a supervisor who could have cared less about the situation. He stated that I could pay the $42 reconnect fee if I needed it back on. I asked to speak to his supervisor and of course there was no one higher in his office. I asked for an e-mail or name of his supervisor and he gave me the customer service e-mail that is routed through him for resolution – ridiculous. These people are fools if they think that word will not get out about their practices. It is simple to see they have horrible management and do not know the first thing about running a business. I would definitely recommend all interested parties stay away from this company.

19

Does anyone have the Terms of Service from May 2008 for 12 month contract? I had signed up with YEP back then, but they didn’t send me a Terms of Service. I called them and they told me they didn’t send it out. They said you had to look at their website. If I recalled correctly, the Terms of Service on their website is not the same as it was back in May 2008. I’ve requested the Terms of Service for what I signed for from YEP, but I don’t trust that it will be the actual Terms of Service that I saw back in May. I want to cancel the service, but not sure what the cancellation fee is. They told me $150.

20

What can I say I am counting the days until our contract is up with them. What I wanted to know is if the terms of service state that they will charge you for the delivery fees? Also when I called the office the lady would not give me away to identify her, but she stated there were only 3 people who worked in their office as customer service reps. THREE thats horrible!

21

YEP is a rip off. SIgn up for .12 kilowatt, but have been billed up to .17/kw. Also the customer service is horrible. Stay away !!

22

Stay away!! 9.7 cent plan kept going up 13,14 and finally to 16 cents!!! Ridiculous!!

23

Check your YEP electric bill! YEP double charged on my April bill. I asked YEP to itemized the “Utility Charges” since I had a feeling that the “Advanced Metering Cost Recovery Factor” listed under “Current Month Charges” was already part of the “Utility Charges.” Sure enough, they emailed me the itemized list of the “Utility Charges” and the “Advanced Metering Cost Recovery Factor” charge was listed there.

Can’t wait for next month when I get rid of YEP!

24

YEP is HORRIBLE. The only thing worse than all the hidden fees that everyone else has reffered to, is their customer serivice.

I had to schedule a move from one address to another. Every other electric company I’ve ever been with, this simply involves:

1. Call them
2. Tell them the new address
3. Tell them the date you want the service conected at the new address, and the date you want service disconected at the old address

I tried to do this with YEP. The first time called I was on hold for 25 minutes, then the line disconected. The second time I was on hold for longer, but actually got hold of a live person. Mind you they’re only open on weekdays, and only until 5pm.

I was told that they could set up service to my new address on the phone, but that I needed to fax a written request to disconect service from my old address. They also assigned me a different account number for the new address. I had to send three differnt faxes before they acknowledged receiving the disconnect request for my old address.

A short time later, I decided to eat the early termination fee, and go back to Texas Power. I’ve learned that even with energy serive, there’s more to it than price.

25

I too am a victim of this unscrupulous company. I signed up for a one year term at $.124 pkwh in June 08 and have consistently paid $.17+ pkwh after the additional fees are added. I have waited till now that the cancellation fee is $50, and am happy to pay that to get away from this bad joke of a company. Switching to Simple Energy, just praying they will be better.

26

[...] providers in Texas recently opening up for business in Pearland Tx are, Mega Power, Riverway Power, YEP, and Affordable Energy. Ambit Energy and Ignite Energy are multi-level marketing energy companies [...]

27

Yep sucks! I got a 12c fixed rate for an year and from the very first month I noticed a “Utility Charge” which was roughly 25% of my bill. I emailed them and they asked me to read the TOS. Shouldn’t this charge be on the “facts label”? Can’t wait to get rid of these SOBs.

29

[...] please fill out this form and let us know. There have been several complaints by Liberty Power and YEP Energy customers that they were locked into an electric service rate much higher than what they were [...]

30

[...] Reliant Electric Company, TXU Electric, Spark Energy, Startex Power, Accent Energy, Amigo Energy, YEP, Cirro Energy, Ambit Energy, Texas Power, Champion Energy, and several others I cannot remember the [...]

31

[...] discloses all fees and charges in their electricity rate. The Texas PUCT has know information of YEP Energy registering with them under the name Southwest Power and Light although they are using the same REP [...]

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