Archive for Electricity

When Energy Markets Come Down Near Historical Lows

Today the energy markets came down again following a down day on Thursday and Friday. Commercial Texas electricity prices are at a good price range for those who have been holding out for just the right time to lock in their electric rates. By locking into an electricity price you are doing what many consider to be the safe way to procure energy. Texas electricity companies will buy natural gas futures in order to keep the electricity they sell you locked in at a specified price for 1, 2, or 3 years. So if you signed up at 1 year you will pay the same electricity price for that entire year. The other popular option would be to sign up on a MCPE electricity price. MCPE is a variable price that is managed by the Electric Reliability Council of Texas. The price changes every 15 minutes, 96 intervals a day and is not for the risk averse. For most Texas businesses looking to procure their electricity we recommend locking in on a fixed electricity rate. If electric rates were higher we might recommend doing a 50/50 blend where you have half on a fixed rate and half on MCPE. With some of the cheapest commercial electricity rates we have seen in a long time you might as well lock in rather then get on a variable electricity price.

Our Proposal Gives You a Clear Snapshot of What Electricity Prices and Terms are Available

We have a commercial electric price chart we update every so often that shows a snapshot of what electricity rates have been doing. You can click on the link above to see the chart to give you a ballpark on what you can expect when locking into a fixed Texas electricity rate. You can achieve a much cheaper electric rate than the daily rates seen on our chart. Daily electricity prices are generic prices with a larger retail margin built in because the exact usage and demand is not known for the commercial business. Our company can procure a cheaper electricity price for your Texas business by putting your historical or estimated electricity usage through a reverse auction. By letting the energy consultant have your exact usage and giving them a couple days to make a tailor made electric rate and proposal for your business you can knock off a half a penny to a penny off of your per kWh rate. The usage goes through a reverse auction process where up to 15 different electricity companies bid on your account. Not all providers bid on small usage just as not all providers bid on large electricity usage. Depending on the size and type of your Texas business will determine how many providers choose to bid on your account. We promise that we can achieve a cheaper Texas electricity price for your commercial business by putting your electricity usage through a reverse auction. If you were to go to the same provider to attempt to achieve the price we achieve for you it will not be as cheap of a rate.

Not a Shell Company for a Provider But a Full Service Energy Consulting Company

When using Electricity Bid to procure your electricity price you will be using a company that acts as an energy consultant on your companies behalf. We do not represent a particular electric company and our fee is paid by the provider and is the same regardless of the provider that wins the bid. There are some energy Texas consulting companies/brokers out there that represent one or two companies. These electricity consultants are nothing more than a shell company for a provider. These so called brokers are not representing your companies interest but are trying to make the one brand they sell sound as good as possible even though there may be several other electricity companies out there with cheaper electricity rates.

Bid Down Your Electricity Price and Save on Energy

We have helped hundreds of Texas businesses bid down their electricity price among the Texas energy providers by our reverse auction process. We have helped businesses that use tens of millions of kilowatt hours a year to those only using 30,000 kWh a year. No matter the size of your Texas business we can consult you on your current electricity provider, show you an apples to apples comparison of what you are paying now to what you could be paying and help educate you on the entire reverse auction process. Our strategy is to be as open, transparent, and educational as possible so you know exactly what you are choosing and why. If you were confused about your electricity bill and what sales people at some of the energy companies were telling you before you will have a complete understanding of what to know going forward after speaking to our energy consultant.

Begin Your No Obligation Electricity Bid Reverse Auction

If you would like to begin the no obligation reverse auction process for your Texas commercial energy than please give us a call. We can be reached at 1-800-971-4020

Some of the Texas Cities We Serve

We serve all the deregulated cities of Texas including Houston, Dallas, Fort Worth, Alpine, Laredo, Austin, Round Rock, Killeen, Tyler, Plano, and many others.

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List of Natural Gas and Electricity Deregulated States

If you have been looking for a comprehensive list of the deregulated states in the US then this list should help. This list contains both natural gas and electricity deregulated information on all 50 states. If you need more information about a states deregulated status you can visit their state commerce site that will give you more information related to how energy deregulation is going in that state and if they consider it a success or failure in lowering energy rates.

Map of Electricity Deregulated States

Here is a map of all states in Texas that have their electricity deregulated. Deregulated electricity means that the energy consumers in these states can pick among multiple retail electric providers to buy their energy instead of just one monopoly company. States in blue are deregulated while states in gray are not.


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Categories : Electricity, Energy
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Apr
16

10 Steps to a More Energy Efficient Home

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Cooling and Heating is the Primary Energy Hog in a Home

Heating and cooling costs account for about 50-70% of the energy used in the average Texas home, the Energy Efficient Saver program from Electricity Bid and Pierce Energy is the easiest, most effective way to:

  1. Save money (up to 30% or more) on your Texas electric bill
  2. Improve the general well being and comfort level of your Texas home
  3. Raise the value of your house, and
  4. Gives you the opportunity to reduce the demand load in your city which can lower the rate for everyone.

Designed in accordance with U.S. Department of Energy recommendations, the Energy Efficient Saver program combines 10 proven energy saving solutions into a single program that can pay for itself through Texas power savings of up to 30% and sometimes more in annual heating and cooling costs. With the help of the federal and state government many of the costs in this program are paid for by the government.

10 Steps Performed with the Energy Efficiency Saver Program

  • Apples to Apples Electric Rate Comparison at Electricity Bid.com
  • Blower Door Setup and Calculations Performed on Air Leakage From Home
  • Assesment of Insulation Damage in Attic and Walls
  • Mastic Paint Used to Seal Leaks Coming From Air Conditioning Ducts Located in Attic.
  • Doors and Windows Retrofitted with Devices to Stop Air and Energy Leaks
  • Blow in Insulation and Radiant Barrier Installed in Attic
  • See Through Energy Efficient Storm Windows Installed on Existing Windows.
  • Feasability Study for the Installation of Solar Panels
  • Power Saver Device Installed at Meter to reduce the loss of Electricity Through Energy Surges
  • Advice on How to Maintain Continued Energy Efficiency Best Practices for Your Home

If you would like to receive solar technology and renewable energy updates in Texas then we would like to recommend ESS Solar. This is a local solar panel and renewable energy company in Texas that works with several solar panel companies and solutions. They keep us updated with solar technology as it changes and would be happy to keep you updated as well. They of course hope you will eventually become a customer but they also work very well as an information resource by giving the occasional update on solar as changes take place in the market place.

Electricity Science and Solutions for Solar Power

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Dec
06

Morgans Point Texas

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Morgan’s Point Texas is a small city in Harris County with a population of about 350 people. This city is currently in a deregulated area in Texas which means your company or residence has the ability to choose among over 40 different Retail Electric Providers in Texas. Some of these energy suppliers are TXU, Reliant, Green Mountain Energy, Cirro Energy, Spark Energy, Startex Power, Amigo Energy, Suez, Constellation NewEnergy, Champion Energy and many others. If you are needing a competitive residential electric provider the best thing you can do is check out the front page of our site where we update it with the winning energy company on a monthly basis. There you will find links that have promotional codes built into the links so you are guaranteed to get the lowest energy rates that particular company offers. By working out price agreements with the lowest cost providers in Texas we are able to offer our customers not only an analysis giving you the cheapest energy companies to choose from but also special rates with these companies.

Commercial Electric Companies

If you are a commercial business in Morgan’s Point Texas then we can assist your company in obtaining the cheapest electric rate possible by putting a companies energy usage through a reverse bid process. This bid process allows us to work down the electric rate to its lowest point. After squeezing as much of the retail margin out of the rates as possible we put together a detailed proposal showing which company and product will allow for the most savings. Several winning providers are listed in the proposal so you can see the price difference and how we worked down the rate. These providers have the potential to receive more business from us many times over provided they bid the lowest so we use this leverage to make sure we get our customers the best possible rate with no additional hidden fees.

If you have questions about commercial electric rates in Morgan’s Point then please give us a call. You may call us for free at the number below.

If you have any questions about electricity rates and companies in Texas please call one of our energy consultants at 1-800-971-4020

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Oct
17

Amigo Energy Houston Electricity

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About Amigo Energy

Amigo Energy is a privately owned Retail Electricity Provider (REP) that services both residential and commercial consumers in Houston Texas and the rest of the state.  The Energy company was founded by a Hispanic father and son team with over 20 years of combined experience in the Texas deregulated energy market. If you don’t live in Houston Texas Amigo is still able to provide electricity to your home and business at a much lower electric rate then most of the other providers in Texas.

Current Texas Residential Electric Rates

Dynamo Soccer Team Sponsor

Amigo Energy is the official home and commercial business Retail Electric Provider of the Dynamo soccer team. The marketing strategy used by Amigo will have co-branded Dynamo and Amigo Energy advertising on the field and on other Dynamo related products and merchandise. The strategy works to gain new customers and keep existing ones.

The Founders of Amigo Energy

The founders of Amigo have been involved in the infrastructure of the Texas power grid for years and have assisted the public utility commission in the Texas grid reliability. Antonio Vega worked with TXU for 37 years as an electrical engineer providing strategic knowledge and grid reliability engineering to make sure electricity reaches its final destination. Texas remains one of the most reliable grids in the United States. The state may pay a little extra for their energy but we have one of the best grids in the country and you have to give those who engineer and create the grid credit.�

Go Here To Learn more about Amigo Energy

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Oct
17

Houston Texas Electric Company

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Houston TDSP Charges and Comparing Electric Companies

When you live in Texas you will notice that you will always have to pay a TDSP charge to Centerpoint Energy in order for them to maintain the pole and wires that connect up to your home or business. There is no way around this. They have a monopoly over the wires and you may see there is not an additional set of wires coming to your facility for you to be able to call an alternate company to somehow achieve a lower charge on your TDSP portion on the electric bill.


You Can Negotiate A Lower Electric Rate Then You May Think

That all being said you can negotiate a lower electric rate for the energy only portion on the bill. This is the commodity rate that the Retail Electric Provider charges you. They go out and buy energy that has been generated from coal, wind, natural gas, nuclear, and hydrogen power and then convert it to a fixed or variable electric rate. For most companies a fixed electric rate would be the way to go but for those of you who do not have enough historical usage on the books you might want to try a variable rate for about 6 months and then convert it into fixed once the providers are better able to determine just how you use your energy. Another great thing about commercial variable rates is the fact that they have averaged lower then the average fixed rate over the last 2 1/2 years. The commercial variable rate is also known as the MCPE rate and is managed by the Texas grid management system (ERCOT).


Here Is Where To Go To Compare Electric Companies Each Month

If you would like to compare electric rates in Houston Texas you can go to the following webpage to look at a few of the most competitive retail electric providers for the month. These electric rates are updated each month.

Houston Electric Company Rate Comparison

If you would like to know more about fixed rate and variable rate options for your Houston Company then please feel free to give an energy consultant a call today.

Speak to an Energy Consultant

For Houston Residential Customers Needing To Compare Rates

If you are looking for a low cost residential electric rate or just the consumer choice for the best residential electric provider in Texas then we have researched a few that have rates that are as near to the bottom of the retail electric rate as you can go.

Startex Power usually has the best 12 month fixed rate. Here is their discount link: Startex Discount 12 month fixed rate offer

Need a Rate with No Deposit Required?

Bounce Energy offers a low rate with no monthly customer charge, a no deposit electric rate with those with bad credit and other flexible terms and options. This Texas electric provider has a very good system in place for taking care of their customers by billing them accurately, proactively moving them to a lower electric rate when available and other popular fixed rate terms and renewable energy choices.

To compare updated Texas residential electric rate be sure to visit our current Texas residential electric rates page.

If you would like to compare with another provider that offers close to the same prices as well as a competitive residential variable rate then we recommend Startex Power. They have a monthly variable rate that makes it so you do not have to be locked into a contract for any set period of time. The rate follows the natural gas market so it can be very low at times and potentially higher then you may want at times. This is a good rate if you just do not want to be locked into a contract.

Startex Power Residential Rate Plans

If you need to track the variable rate each month to see where it is at from month to month that is easily done. Startex offers a webpage that updates this variable rate so you can manage your homes energy expenses each month without being left in the dark.

Check it out here.

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Today's Energy Market

Today the electric market came down as natural gas settled down from previous weeks highs. We have been able to achieve some pretty low electric rates in comparison with where they have been at the last week or two.

Here is a list of some of the energy prices we were able to procure:

Best Electric Prices Achieved Today

6-mo

12-mo

24-mo

36-mo

48-mo

.0629

.0746

.0788

.0800

.0803


More about electric rate comparisons in Texas

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Electricity Rates Come Down With Reverse Auction

Commercial companies are always in need to reduce their electric rate because of the direct ability to bring needed savings to the bottom line. Being able to negotiate an electric rate below the companies budgeted goal can justify a manager’s position in a company. A large facility could stand to save tens of thousands of dollars if a reverse auction is used.

Click Here to Learn more and Begin the Reverse Auction Process

How Does A Reverse Auction Work?

Reverse Auctions work in the business to business working relationship. One business would like to win the business of another and so they bid on the work. The company needing business done receives bids from several different companies who offer the same service. During the bidding process the companies placing bids understand they need to price as competitively as possible in order to win the business. The company needing the service picks the lowest bid and ends up with a lower price for the service than if they were to just take the first sales pitch that came along. Many times in the case of an electricity broker you will have the reverse auction facilitated by an energy broker. The energy broker brings a large volume of business to the electric providers in the reverse auction. The Retail providers understand that if they don’t price with the best possible terms and conditions along with a low electric price they will not win the companies business. The energy broker understands what is legally written in the contracts and what is favored towards their client rather than towards the Retail Electric Provider. Many times the energy broker will step in and make the energy contract more agreeable to the customer if the energy company tries to sneak in an unfavorable clause in the energy contract.

Texas Electric Companies

There are more Retail Electric Providers in Texas then in any other state. Texas represents the most competitive energy market in the United States of America. Many energy companies came from out of state to start up in Texas when the state deregulated the electric market. The energy grid is split up into 5 different regions but the state plans to break it up into several more nodes (nodal system) in 2008. The reason for the break up is to assist in alleviating the congestion zones. Many smaller outlying cities around the metropolises have to pay high electric rates only because they are a part of the bottleneck caused by Houston, Dallas, and other large cities in Texas. Having several nodes to break up the congestion will allow those cities causing the congestion bottlenecks to pay for their problem and give them incentive to create a more robust infrastructure to handle the demand. A reverse auction can assist commercial businesses in some of the metropolitan areas like Houston Texas by filtering through some of the hype about this congestion to the lowest bottom line rate that a Retail Electric Provider can offer. Some providers will justify their high energy rate because of the commercial business being in a highly congested area. This may be a smoke screen to a dishonest sales tactic. A reverse auction filters these bids out of the mix.

New Ways To Save On Electricity In Texas

The Texas ERCOT grid has some new ways to save for the Houston area. Smart metering is being used on a small scale in the Centerpoint area. Centerpoint is the poles and wires company in Houston. This company reads the meters in the metropolises, installs the poles and wires, transformers, and electric infrastructure. Smart metering keeps track of peak demand and can turn off your air conditioner and back on if your company is about to go over a demand level that could be costly to the bottom line. This is a win win situation as Centerpoint does not have to build additional power plants to keep up with increased demand. An energy broker can assist in enrolling a commercial business in some of these new ways of saving money on a businesses electricity bill.

Electricity Brokers Mean Dollar Savings

In summary, an electricity broker can save a company thousands of dollars. Texas Electric Providers market but energy brokers find the cheapest rate. The difference in going directly to the provider and working with a broker translates into a more informed buying decision and more money to the bottom line. You may click the link below to fill out a short form to begin the reverse auction process for your Texas commercial or industrial business.

Begin Your Texas Commercial Electricity Reverse Auction

 

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Sep
12

Gore Electricity

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Gore and his Electricity Generation Global Warming Tales

Al Gore has started a new phenomenon and multi-billion dollar industry related to all things global warming. It just so happens that electricity is one of the leading causes to his global warming consipracy. Is this Global Warming nightmare really true? Many believe it is true but we haven’t exactly heard the whole story. If you remember, most of what you see on TV is either a few movie stars trying to trumpet the theory or the political party or lobbying organization receiving millions of dollars in their campaigns making it further known. This is a political circus and the news organizations love it. They will continue to report on it so long as people will listen and get hooked in. Anything that causes a passion or emotional stir will remain on TV, the air waves and in print. Al Gore has literally created a political power house that will bring in more votes, money and ultimately give himself a lot of power. So the question again is, is this Global Warming thing really true?

Top Scientists Disagree with Al Gore on Electricity Generation causing global warming

A well made video put out by some top scientists in the weather field differ with Al Gore on more then a few points. This video is nothing like a conspiracy and presents the facts in a very clear unimbelished way. It is a UK video Documentary that was created by several top weather and climate scientists at some of the more well known Universities across the nation. ABC bought the video and plans on airing it as a counter video documentary to Al Gores popular Global Warming Video.

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Categories : Electricity
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Natural Gas Spiked Up Today

Natural Gas Price Quote

Natural Gas spiking up today due to the sabotaged natural gas pipelines exploding in Mexico a few days ago has raised electric rates in Texas a large percentage. For those commercial businesses waiting to see how low electric rates will go, you may have just seen the last of it. Electric Rates are heading up so fast that many electric companies had to pull contract prices today because of the large fluctuation in the natural gas futures prices.

For those electric companies that hedged their energy before this price spike, they will be able to honor the electric rate contracted. Because the explosion knocked out a large Natural Gas infrastructure in Mexico it would not be out of the question to see gas prices rising back to $7 MMBtu. This would likely raise rates to the .09 cents a kwh rates we saw a few months ago.

It’s too late to lock in at last weeks low fixed prices but you can still get in on a good MCPE rate that remains at historcal low levels right under 7 cents a kwh.

Speak to an Energy Consultant


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