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Texas REP Offering $200 Enrollment Bonus for Free Saturdays Plan

February 25, 2014

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Copyright 2010-13 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com

Direct Energy is offering Texas customers incentives of up to $200 to enroll onto one of its Free Power Saturday products.

Specifically, Texas residential customers enrolling onto a Direct Energy 24-month Free Saturdays plan will receive a $200 Restaurant.com gift certificate. A $100 Restaurant.com gift certificate is available for customers electing a 12-month Free Saturdays plan.

In the Oncor service area, Direct's 24-month Free Power Saturdays Price Protection plan includes the following charges:

Base charge: $5.00 per month 
Energy charge: 10.8¢/kWh Sunday through Friday;
               0.0¢/kWh Saturday
TDU Recurring Fees: $3.42 per month
TDU Recurring Fees: 0.0¢/kWh Sunday through Friday;
                    0.0¢/kWh Saturday

The all-in average rate (at 1,000 kWh monthly usage) of the 24-month Free Power Saturdays Price Protection plan is 10.1¢/kWh. Average price calculation is based on a total consumption profile over a 12 month period assuming 13% of consumption occurs on Saturdays.

The 24-month plan includes a $300 early termination fee.

In the Oncor service area, Direct's 12-month Free Power Saturdays E-plan includes the following charges:

Usage Charge: $0 if usage at or above 999 kWh per month;
              $9.95 if usage below 999 kWh per month 
Energy charge: 11.4¢/kWh Sunday through Friday;
               0.0¢/kWh Saturday
TDU Recurring Fees: $3.42 per month
TDU Recurring Fees: 0.0¢/kWh Sunday through Friday;
                    0.0¢/kWh Saturday

The all-in average rate (at 1,000 kWh monthly usage) of the 12-month Free Power Saturdays E-Plan is 9.7¢/kWh, and reflects a discount of 0.5 cents per kWh, contingent on receiving bills and correspondence electronically via E-bill. The 12-month plan includes a $200 early termination fee.

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