The next round of the Texas Power Switch is underway! We are happy to announce that the electricity plans in this program will be 100% renewable. So now you can save money with cleaner electricity.
The Texas Power Switch is a group energy buying program that allows residents to join together and benefit from lower electricity rates through volume purchasing.
There is no cost and no obligation associated with the program. It provides a mechanism to help residents better understand the confusing, deregulated energy market and potentially provides a pathway to saving money on electric bills. The more people that register for the program, the better the opportunity for the Power Switch team to secure a low-cost deal.
The power switch period moves through four phases:
- Sign Up: Register for the program at www.texaspowerswitch.com/Lake Dallas.
- Rate Announcement: The Texas Power Switch will conduct a reverse auction on January 26th and will announce the winning rates about a week after the auction. The provider who offers the cheapest rates gets to offer you a new electricity contract.
- Personal Offer: After the auction, residents will receive a personal offer that will outline the potential savings.
- Accept/Decline: After residents receive their personal offer, you will have until March 3rd to accept or decline it. If choosing to accept, iChoosr will take care of the switching process. If you have a contract that ends before June 1st, you can schedule your switch to occur when your current contract ends to avoid early termination fees from your provider.