Wednesday, 24 May 2017

Electricity Rates Comparison Tools (Power to Choose Electricity)



In Texas, after the deregulation of the Electricity market, the consumers have got the most benefited as now the power to choose electricity providers lies in their hand. They can choose their preferred provider and plan and can switch provider as and when needed. All they need to skillfully compare the providers and choose the most suitable electricity plans for them.But the problem is that there are lot many comparison website available now and they confuse the customer more than educating them. Here are some of the problems that customers face while using electricity comparison tools.

Do not educate the customer

Most of the electricity price comparison websites do not provide any comprehensive knowledge center where consumer can learn how to choose their preferred supplier. They do not give the relevant information which would be helpful with the Cheapest Electricity in Texas  supplier. These websites do not help to understand how much energy you use and how this can impact your choice of plan. They do not help to calculate actual bill under each plan and also do not infirm when your contract is up or when the prices drop. These websites also do not educate users about how they can buy renewable or green energy for any additional cost.

Too many plans to confuse

With the consumer having the power to choose electricity, the provider has come up with all kinds of plans to attract customers. When you start to compare, with over 50 suppliers and more than 200 plans the consumers are bound to get confused. These websites are the place where the suppliers attract their customers with putting online number of plans with different term rates, fees and contract terms. With so many choices infront of the consumer, they get anxious about the choice as these sites do not evaluate these plans. Neither there is any screening for bad plans. These websites, in order to make the things easy, should only show reputable suppliers and limited plan offering of high quality.

Is the cheapest plan the best too?

These price comparison websites have become the fishing grounds where these providers fish for customers advertising their short term plans at teaser rates. Companies are in a race to offer what looks like a cheapest plan but in reality there are other fees and clauses attached that ultimately the customer pays higher rate than advertised. With the power to choose electricity plan in their hands, customers think that they are buying the cheapest plan but in fact they end up paying almost 20% more. So these price comparison websites should not be trusted blindly and customers should study carefully all the terms and conditions related to the plan. 

No doubt, that with the Texas electric rates provider and plan, customers can benefit a lot provided they use these comparison websites wisely and comparing the companies and plans according to their average monthly requirements and thus saving some dollars on their monthly usage.

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