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| 1.
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With competition,
will the reliability of my electric service change?
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| A. |
No. No matter which
Retail Electric Provider (REP) you choose, your electricity will
continue to be delivered safely and reliably by the local wires
company, a company still regulated by the Public Utility Commission
(PUC).
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| 2.
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What happens
if my Retail Electric Provider (REP) goes out of business?
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| A. |
You will not be without
power. You should receive a notice from your REP giving you time
to select a new provider. However, if that does not happen, your
service will be provided by the Provider of Last Resort (POLR)
until you select a new provider.
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| 3.
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Do all Texans
have the power to choose their electric provider?
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| A. |
No. City-owned utilities
and member-owned electric cooperatives have the option of giving
their customers a choice of providers, or keeping things the way
they are today.
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| 4.
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What does Texas
electric choice mean to me?
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| A. |
It means you have
the power to choose your electricity service provider. It's referred
to as deregulation. And it’s a result of Texas Senate Bill 7,
which enables the State of Texas to restructure its electric utility
industry.
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| 5.
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How does electric
choice affect my electric rates?
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| A. |
On January 1, 2002,
rates for most customers were lowered. This rate is known as the
"price to beat". The "price to beat" is in effect from January
1, 2002, until December 31, 2006.
The Public Utilities Commission of Texas (PUCT) has mandated that
the affiliated Retail Electric Providers (REP) provide this rate
to residential and small commercial customers with a peak demand
of less than 1 megawatt (Usage over 1 MW typifies large commercial
or industrial customers).
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| 6.
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Will the situation
in California happen in Texas?
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| A. |
Since 1995, 47 new
power plants have been built or are being built in Texas, representing
one-fourth of all power plants being built in the nation. California
has built only two power plants since 1995.
Texas also imports less than one percent of its power during peak
demand, while California imports at least 20 percent.
In addition, Texas power generators and R.E.P.s are able to negotiate
long-term wholesale power purchases for the lowest price, while
in California spot purchases have left utilities and customers
vulnerable to price spikes.
Texas has enacted strong customer protection measures during the
transition to a competitive retail electric market. These measures
will keep electric rates stable so you won't see your electric
bill double or triple, like in California.
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| 7.
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How does XXXX
reduce my electric bills?
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| A. |
Deregulation allows
R.E.P.s, like XXXX Energy, to buy electricity wholesale from competitive
providers and pass the savings along to customers.
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| 8.
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If I switch,
will my new electricity be as reliable as before?
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| A. |
Yes. Since the transmission
and distribution of your power is still provided by your current
regulated utility, you get the same level of reliability. They
will continue to maintain the poles and wires, regardless of what
provider you select. The only thing that changes is your savings
and customer service.
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| 9.
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Do I have to
switch?
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| A. |
No. But on January
1, 2002, you were switched to an REP that is affiliated with your
current utility.
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| 10.
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What do I do
if my power goes out?
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| A. |
Because your local
regulated utility is still obligated by law to maintain your service,
you can call them in the event of an outage.
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| 11.
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If I switch,
where will my electricity come from?
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| A. |
Your current electric
utility will continue to deliver your electricity. As such, your
power will come from a regional power pool – a mixture of energy
from traditional power plants and other sources like wind, water,
sun and natural gas.
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| 12.
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Should I switch
to a R.E.P. right away?
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| A. |
No, shop around!
Ask the R.E.P. if they are the cheapest. If he/she says “yes”
have them prove it. As an Aggregator, we provide you with the
answers, you make the CHOICE.
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| 13.
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I keep hearing
the word Aggregator! What is an Aggregator?
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| A. |
An Aggregator is
a person or Company that represents you and brings the best prices
and companies to furnish your home or business with electricity.
You will then make a choice. The Aggregator is license by the
State of Texas. They become your Consultant. Example: I contacted
a Veterinarian who had switched and signed a three (3) year contract.
He is obligated to the contract and I went ahead and analyzed
his bill. I found that I could have saved him on both his home
and business. He went with a Provider directly. The wrong decision
made.
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| 14.
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I am told that
if I go with an alternative fuel source, such as wind, I would
be helping the environment. Is this true?
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| A. |
Some what true.
All sources of electricity are put on the Grid. The Grid is the
backbone of all the Power in the Nation and Wind is only 7%. The
rest is made up of all other sources. Majority is still Fossil
Fuel.
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| 15.
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If I loose my
power what do I do?
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| A. |
As always you call
your Wire Company in your area. Those names have changed. In the
area that TXU serves is OnCor. If you don’t know who is the Wire
Company in your area call your Provider. The company you now send
your payment.
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If you have other questions, which
I am sure are many, please contact me. If I don’t know I will
find out and contact you. If I am your aggregator, I work for
you.
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