I was unwillingly and unknowingly signed up by a Green Mountain energy Sales Advisor who approached me at a career event.I was approached by a guy who asked if he could just talk to me about what Green Mountain has to offer, even though I told him no. Although I am currently in a contract with my provider, and very satisfied with my current service, I decided to give this guy the benefit of the doubt and listen to his sales pitch (I'm in sales as well and was interested to see how effective he was)He informed me about some of the rates they offered and how they are "environmentally conscious" blah blah blah. He then asked if he could have my email address in order to send me rates, along with a 10-day promotional period where IF I decided I wanted to make the switch, I would be able to do so by clicking the link in the email. He guaranteed that they would handle everything with my current provider and make the switch a smooth transition. I reiterated the fact that I was not interested in switching, and that the contract I have in place is in my roommates name anyways. He said "No problem! This is NOT a promise of service. This is simply an option for you if you DO decide to switch.". Well, after reading all of these wonderful Yelp reviews on Green Mountain (sarcasm), I decided hell no, I'm staying with my current provider. 10 days later, I have an email from Green Mountain stating that I was now a customer. I immediately called them and told them I never gave consent to be a Green Mountain customer. Keep in mind, THIS GUY ONLY HAD MY NAME AND EMAIL ADDRESS. I could literally sign my dog up for Green Mountain, that's how easy it was for them to do it for me. Anyways, now I'm in a mess trying to get my other service turned back on, which they're charging $410 for a reactivation fee along with the early termination fee from this scam artist. Bottom line - do not speak with any sales associates from this company and if you do, don't give them ANY information.
Payless Power provides the best prepaid and standard energy plans with no cancelation fees and no deposit in the area. Since 2005, Payless Power has been helping people get better energy rates and save money on their average power bill, regardless of income or credit history. As a family-owned energy provider and not one of the giant electricity suppliers, we take great pride in serving our customers with care and respect.
Electricity Source: Green power generally refers to the production of electricity using renewable sources like wind and solar. Once the technology is installed, there’s very little cost–environmental or financial–to producing more power. The resulting (green) electricity is low on guilt and high in market value. With the abundance of sunlight and wind power that Texas gets, green electric suppliers are widely popular.
Consumers in Houston, Dallas, Fort Worth and Corpus Christi were promised bargains on electricity when the Texas Legislature deregulated the electricity market. But 16 years later they're still paying more for electricity than their counterparts in cities Texas lawmakers exempted from deregulation such as Austin and San Antonio, according to the Texas Coalition for Affordable Power which analyzed federal electricity pricing data.
Electric companies buy longer-term contracts so they can hedge their risks when they’re selling long-term electricity plans. Just a week ago, it looked as if wholesale prices would be as high as Texas has seen in the past 15 years, said Ned Ross, director of governmental affairs for Direct Energy, the third biggest seller of electricity in Texas, behind No. 1 NRG and No. 2 TXU. Future prices have retreated recently, but companies buying power for August are still paying at least double what they paid a year ago, according to data from the Electric Reliability Council of Texas, or ERCOT, which oversees the state’s power markets.
Prices are expected to go up so quickly that Direct Energy has stopped selling its "Power-to-Go" plan to new customers this summer, a prepaid plan that changes rates each month depending on wholesale prices. Instead, the company is encouraging its customers to lock in for longer periods of time. Customers who used up to 2,000 kilowatts each month could get a 12-month contract for 11.7 cents per kilowatt hour in May compared to the same plan for 9.1 cents per kilowatt hour one year earlier.
The increase in retail rates come as companies prepare for surging prices in the wholesale electricity markets where they buy their power. Forecasts of higher than normal temperatures and record power demand are coinciding with the shutdown of at least three coal-fired plants, leading to concerns that temporary shortages on the hottest summer days could send wholesale prices, which typically average less than $50 per megawatt hour, spiking to $3,000 per megawatt hour or higher. (A megawatt hour is 1,000 kilowatt hours.)
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