More and more, Texans are learning that being green doesn’t mean having to spend more green.  With Texas leading the U.S. in the production of wind power, Texans can enjoy a low, stable, and most importantly pollution-free electric product for virtually no premium, all while reducing harmful emissions and helping the U.S. become more energy independent.  SaveOnGreenEnergy.com is Texans’ best source to find and compare renewable energy products and prices, making the choice to go green fast and easy.

Most customers want to go green to help the earth, but believe they’ll have to pay more to do it.  With SaveOnGreenEnergy.com forcing electric companies to compete against each other, that’s no longer the case.

For example, customers using SaveOnGreenEnergy.com in both the Dallas-Fort Worth (Oncor) and Houston (CenterPoint) regions can lock-in a low-fixed rate for 100% pollution-free power for a price in the 10-cent per kilowatt-hour range.  That’s only 10% more than the low rates for so-called “brown” power that doesn’t contain any green content.  More importantly, today’s prices for green energy on SaveOnGreenEnergy.com are about half of what brown power cost just two years ago, when spiking natural gas prices caused conventional power prices to skyrocket.

Customers buying clean, renewable electricity don’t have to worry about market fluctuations in the cost of natural gas, coal, or oil.  Locking-in a low rate for a wind power product shields customers from the rate volatility associated with conventional electric products, providing customers with guaranteed savings in addition to a reduced carbon footprint.

SaveOnGreenEnergy.com is Texans’ one-stop shop for finding a green energy provider.  By harnessing the power of competition to make green energy companies face off head-to-head, SaveOnGreenEnergy.com ensures Texans get the lowest rate for their green energy, meaning going green doesn’t cost a lot of green.  SaveOnGreenEnergy.com also boasts all of the features that make its sister site SaveOnEnergy.com the top source for choosing an electricity provider.  SaveOnGreenEnergy.com provides an easy to understand comparison of renewable electric rates, while also highlighting unique and value-adding features of different green products, such as rewards points, cash back, airline miles, and other bonuses.  This means going green doesn’t have to be a hassle, and can be done in just a few minutes at any time, day or night.  That means Texans can start saving money and helping the environment faster by choosing a renewable energy product using SaveOnGreenEnergy.com.

Despite the lowest electric rates in Texas in more than five years, many Texans are still overpaying for electricity because they haven’t checked their energy rate, and compared it with competing energy suppliers.

If you haven’t checked your energy rate since 2008, when electric rates reached historic highs, you’re probably paying too much for electricity.  In the summer of 2008, spiking natural gas prices and record usage pushed Texas electric rates above 20¢ per kilowatt-hour.  To avoid further price spikes, may customers locked-in rates of 17¢, 18¢, or even higher, to give themselves some price security until the markets calmed down, and prices started dropping.

But many Texans haven’t compared their energy rate as prices have fallen over the past two years.  As a result, even though most Texans can find a low, fixed rate in the 9¢ per kilowatt-hour range, millions of Texans are paying inflated rates of 15¢ per kilowatt-hour, if not more.

Another reason many Texans are overpaying for electricity is that they’ve never checked their energy rate since competition started in 2002.  They’ve always stayed with the successor to their old monopoly utility: the so-called “incumbent” provider like TXU in the Dallas area, or Reliant Energy in the Houston area.  For these customers who have never shopped, the incumbent providers typically charge higher rates with more built-in profit — typically at least 5¢ per kilowatt-hour above the lowest rate they offer to new customers — because they don’t expect these non-shoppers to compare their rates against competitors.  These higher incumbent prices can raise bills by over $50 per month, or $600 per year. 

That’s why you need to check your energy rate and shop for a lower rate using SaveOnEnergy.com, which provides Texans with the simplest way to compare the lowest energy rates in the market.  If you’re paying more than 12¢ per kilowatt-hour, you are simply paying too much money for electricity for no reason.  Even premium products like renewable energy or plans that guarantee price security for an extended 24 months are below 12¢ for most parts of Texas.  You can still enjoy the same reliable service from a vetted and screened energy provider when choosing a lower energy rate using SaveOnEnergy.com, all while saving hundreds of dollars per year.

As the extreme heat of the Texas summer is about to begin in earnest, Texans still have an opportunity to lock-in an extremely low electric rate for the next 12 months to give them price protection against any price spikes associated with the hotter summer weather.  SaveOnEnergy.com provides the best comparison of the lowest electric rates in Texas, while ensuring customers find a reputable and established electric provider.

Texas electric rates typically rise during the summer as the large amounts of air conditioning used by Texans to keep cool strain the electric grid, and require more power to be generated.  This extra power, generated by the most inefficient plants which are pressed into service only during such “peak” times, can raise electric rates for customers who haven’t locked-in price protection.

Fortunately, Texas electric rates are still at historic lows, and haven’t substantially increased from the springtime, which is usually the best time to shop for power.  That means if you’ve put off shopping for a low electric rate because you’ve been too busy, you still have a great opportunity to find a new energy provider offering a secure, low fixed rate for 12 months, or longer. 

In the summer of 2008, Texas electric rates spiked to as high as 20¢ per kilowatt-hour — or even more — due to record demand as well as high natural gas prices.

Compare that to the low rates available today.  For example, a customer in the Dallas-Ft. Worth area (at Oncor) can lock-in a fixed rate for a little more than 9¢ per kilowatt-hour for 12 months, a savings of over 50%.  And that low rate isn’t a teaser rate, it’s guaranteed to provide customers with a low, reliable rate for a year, shielding them from any extreme price spikes that the electric market experiences.  Rates in the Houston area (at CenterPoint) are a few tenths of a penny higher, but are still a great value compared with prices over the last five years. 

As the weather gets hotter and hotter, the opportunity to lock-in a low electric rate may disappear, so customers should take advantage of today’s low prices to guarantee themselves price protection.

Pennsylvania business customers can save money on both their electric and natural gas bills by shopping for an alternative electric or gas supplier, under the competitive markets set up in the state.  Shopping for an electricity rate will become imperative for business customers facing rates hikes of 30% starting January 1, 2011, as decades-old rate caps expire at the last remaining utilities, such as PECO in the Philadelphia area.  The competitive energy markets are a vast and complicated field, and SaveOnEnergy.com can help customers navigate this new terrain to ensure that they pay the lowest rates for their electric and natural gas supplies.

Only SaveOnEnergy.com offers its exclusive retail exchange portal, in which up to eight competing energy suppliers compete directly for your business.  The exchange portal is like an online clearinghouse (think LendingTree.com) where new energy providers produce customized low rates to meet your supply needs.  Businesses just need to enter some basic information about their electric usage and utility service area, and the information is instantly transmitted to up to eight competing energy suppliers.

One of the many features that sets SaveOnEnergy.com apart from other brokers is that the SaveOnEnergy.com exchange portal allows customers to receive rate offers directly from the competing suppliers.  In this way, customers can be assured that offers are not being “filtered” to favor one supplier.  Other brokers, who act as a go-between in providing the rate quotes to customers, may have an incentive to hold back the lowest rates, because the lowest rates are from a supplier that pays a lower commission to the broker.  Since SaveOnEnergy.com’s exchange portal provides the rates directly to the customer with no middleman, customers can be assured that they are not being steered toward higher rates.

By having up to eight competing energy providers competing for the customer’s business, SaveOnEnergy.com’s exchange portal creates a cut-throat competitive environment that benefits customers.  Suppliers who may hold back their lowest rates when selling to a customer one-on-one (in hopes that the customer does not shop around) can’t afford to do so with SaveOnEnergy.com, because one of the other seven suppliers competing for the customer through the exchange portal will surely undercut them.  In this way, SaveOnEnergy.com ensures that customers get the lowest rates possible, without spending hours and days reviewing and comparing different energy companies and rates.

Customers at utilities such as PECO, Allegheny Power (West Penn Power), Met-Ed, and Penelec, “could start to hear in coming months from competitors who want to sell them cheaper electricity,” the Pittsburgh Tribune-Review reported last week. 

The Tribune-Review noted that on January 1, 2010, rate caps at PPL Electric Utilities in the Lehigh Valley expired.  As a result, PPL raised its residential electric prices by 30 percent in January.

“Since then more than 420,000 residential customers, or about 30 percent of the total, stopped buying power from the Allentown-based utility,” the Tribune-Review noted, as these customers have realized savings of 10-16% by choosing an alternative electric supplier.

With rate caps expiring at PECO, Allegheny, Met-Ed and Penelec on January 1, 2011, these customers will also soon have the opportunity to choose a new energy supplier to save money on their electric bills.  The Tribune-Review reports that new electric suppliers are making preparations to enter these utility areas to serve residential customers in the coming months, while new suppliers are already making low-prices offers to commercial and industrial customers in these service areas, allowing them to lock-in a low, fixed electric rate before rate caps come off.

More than a dozen competing energy providers are vying for customers at PPL, and such competition has led to a double-digit decrease in rates.  The same number of competing suppliers and downward pressure on bills can be expected in the coming months at PECO, Allegheny, Met-Ed and Penelec.

Pennsylvanians can quickly and easily find the lowest electric rate using SaveOnEnergy.com, which compares the lowest rates from the best suppliers with just a few clicks of the mouse.  SaveOnEnergy.com makes the process of finding a new energy supplier simple and hassle-free for customers shopping for the first time, allowing them to save hundreds on their energy bills in just a few minutes.