Reminder to Lock in Electricity Rate Now

“I’ve been reminding everyone I know that they should lock in a new electricity rate now, before summertime heat drives prices up. Depending on the company, this can be done as much as 90 days in advance. That means you can lock in a pre-summer price with no early termination fee! Electricity prices will be awful this summer. If you don’t believe me, here’s what the PUC has to say: […]

Breeze Energy Customers

The Public Utility Commission has shut Breeze Energy down after it learned the company was not meeting mandated financial requirements to remain feasible. If you have a contract with Breeze, you will not lose power, but you have been switched over to the “Provider of Last Resort” (POLR). POLR rates are significantly higher than the Breeze rate you had, and also higher than many other offers currently available. You should […]

Don’t be fooled by electricity rate gimmicks.

Power companies can advertise what appear to be great rates, but may end up costing you far more than you’d expect if you’re not careful. Most of the rates on powertochoose.org that advertise between 3 and 5 cents are applying credits when you’ve reached specific usage (kWh) levels. If you don’t qualify consistently for those credits, the rates will result in significantly higher costs. The “free nights, etc.” offers charge […]

Green Power Offers Explained

All power plants, green or dirty, put their electricity on the same grid. There is no way to separate the electricity once it’s on the grid, and there are no separate wires to your home for clean power. So, we are all using the same mix of clean and dirty power, even those who are paying more for green. That said, those who choose to pay more for green are […]

Summer in Texas Low Electricity Rates are Here

Electricity rates are notorious for increasing this time of year!  There’s still time to lock in a great rate before you are stuck with either a horrendous variable rate during the summer months when usage is highest,  or a bad fixed rate for another year!  Don’t let a cheap advertised rate trick you either!  Lantern uses your last 12 months of electricity usage to determine what offer will result in […]