Switching to a different electricity supplier in Texas is kind of like picking a different phone company. When you switch to Spark Energy, the utility will continue to deliver your electricity, and they will remain your point of contact in case of an emergency. We’ll bill you monthly for the utility’s delivery services and for your electricity usage.
Since the deregulation of energy began impacting Dallas/Fort Worth in 2002, the residents of the DFW metroplex have been given their choice of electricity provider. The power to choose prepaid electricity in Dallas and Fort Worth has brought about a new way to buy electricity by means of a smart meter. Smart meters read electricity usage in real-time, allowing electric companies to connect a customer and read their daily usage in minutes. This in turn saves the company money and allows them to pass the savings on to you, the customer.
Located in Northern Texas, Fort Worth was founded in 1849. Based on population, the city is the fifth largest in Texas and boasts a population of almost nine-hundred thousand citizens. Originally founded as an army outpost, the city has transformed into one of the most prolific cities in the state. As part of the DFW metroplex, it contributes to the fourth largest metropolitan area in the United States. Due to the fact that Texas as a whole maintains a deregulated market, the city’s residents are able to select from a variety of energy service providers.
Yesterday, Shell Energy North America announced that they have officially signed an agreement to purchase MP2 Energy LLC. The signed agreement is only the first step in the acquisition process, as the agreement still needs to be approved by regulators. This approval process is expected to wrap up before the last few months of 2017. According to a recent press release published by Cision PR Newswire, Glenn Wright, Vice President of Shell Energy North America provided the following statement: “We are proud to bring MP2 into the Shell Energy North America family,” he said. “MP2 has established itself as a significant...
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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...
If you’re a Duke Energy customer, your piggy bank might see a little more coin this summer. According to recent press release, customers of Duke Energy are likely in for a treat this summer! Experts say that based on several different factors, the electric power company’s customer’s bills will be 3% – 4% lower compared to 2016’s summer months. President of Duke Energy Ohio and Kentucky had the following to say about the good news: “We experienced warmer-than-normal weather last summer. As a result, our customers used more electricity to cool their homes. This summer, we’re forecasting temperatures that are closer to normal. That means our...
About 14 years ago, Texas deregulation laws initiated competition for electric companies. In Fort Worth, people in the community can pick a retail electric provider (REP), but not all renters, business owners and homeowners in Texas have this option. If consumers own a business, live or rent in the city, they can decide amongst Fort Worth electric rates in their ZIP code.
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