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Texas REP Offering $400 for Enrollments

April 29, 2014

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Copyright 2010-14 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com

Direct Energy has launched in Texas a product offering customers $400 in Visa gift cards or other retail gift card options.

The "Direct To You 400" plan includes a 24-month fixed rate and provides the first $200 gift card after the customer makes three on-time payments, with the second $200 paid after the customer remains with Direct for one full year.

At Oncor, the Direct To You 400 plan includes an average all-in rate of 11.9¢/kWh, based on 1,000 kWh usage. A monthly fee of $9.95 applies if usage is less than 999 kWh.

At CenterPoint Energy Houston Electric, the Direct To You 400 plan includes an average all-in rate of 12.4¢/kWh, based on 1,000 kWh usage. A monthly fee of $9.95 applies if usage is less than 999 kWh.

The product includes a $300 early termination fee.

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