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...
But competition didn't necessarily end up cutting prices, according to the report. One contributing factor is confusion among customers as they try to choose among scores of retail electricity providers and the overwhelming variation of plans, leading many to just stick with familiar companies rather than look for better deals, according to the Texas Coalition for Affordable Power .

Rates differ from state to state, city to city, time of year, provider to provider… so how can a consumer know that they are looking at a good electric rate? There are many factors that have an impact on electricity rates. So, it’s important to have a good understanding of what those factors are and what you, as an electricity consumer need to look for in a ‘good’ electricity rate. Home vs. Business Rates For starters, are you a residential or commercial customer?  If you’re using your electric service for your home, then in general expect to pay more per...
Understanding your electricity service should be easy and we realize that some companies make it harder than it should be. With the Bounce Energy Promise we will work hard to keep you as a customer with our fun rewards programs and great prices. We will never charge you unnecessary or deceptive fees. We have many ways for you to contact us either through online chat, social media, email, or phone. We will do everything in our power to keep our customers satisfied.
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.
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.
That means that customers in Houston paid an average of $5,500 more for electricity over a 14-year time span beginning in 2002, according to the group that buys electricity on behalf of municipal governments in Texas. The calculation, which uses data from the U.S. Energy Information Administration, assumes monthly electricity use of 1,300 kilowatt hours.

Companies across many industries use sales, promotions, and incentives to advertise and attract new customers — electric companies in deregulated states are no different. Many homes and businesses across the United States benefit from having the option to choose an electricity provider.  Of course, after the initial 3-month, 6 month, 12-month plan, etc. contract has expired with one provider, a home or business can switch to another provider offering services in that area. Since switching electricity companies is fairly easy, most providers offer different types of incentives to try and attract a competitor’s customers. But first things first. Before we get...
Based on some new information from the EIA, and other government news outlets, it look like solar and wind generated power is starting to take over the renewable energy landscape.  In fact, the EIA estimates that wind has already surpassed hydroelectricity generation. By 2035, both wind and solar will surpass hydroelectricity generation altogether. Taking a deeper look into why this shift will occur will help us to better understand how important renewable resources will become throughout the United States. Analyzing renewable resources like solar and wind, and how they will help to generate more reliable electricity, will also help us to better...

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