Amigo Energy offers no-deposit electricity to a lot of our new customers—read more on how to qualify here. In general, deposits are a result of your credit history, and specific deposit amounts are unknown until Amigo Energy runs a credit check. If a deposit is required, it will be based on estimated usage at the location you are requesting service. All required deposits must be paid before enrollment in new service can be completed.
Energy deregulation in Texas means you don't have to settle for an average electric company - you have the power to choose a provider who can offer more than just lights! No matter which plans you choose, count on CPL Retail Energy to provide price stability on all plans, insight tools to help manage your account, energy-saving information and excellent customer service.
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Energy suppliers, on the other hand, negotiate deals with multiple natural gas and electricity providers. Buying large quantities of energy wholesale allows them to offer fixed rates, green energy and price protection programs to their customers. Energy is still delivered via your local utility (and that is still the company to call in the event of a power outage).
It’s recently come to our attention that there are some fairly substantial market changes that are impacting commercial customer electricity statements. These market changes have to do with something called the 4 Coincident Peak (4CP) program. If you participated in this program in 2016, then you might have already noticed that your utility has sent you new charges. The reason for this is because they have determined that your meter’s “demand element” has changed. But what do these changes really mean? What is the 4CP program and why are utilities suddenly applying new charges? And how can you benefit from...