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Texas REP Offering Service in New Territories

January 8, 2015

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Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com

V247 Power has begun listing offers for residential electric service on the Texas Power to Choose site for Sharyland Utilities LP and Sharyland-McAllen.

In both service areas, V247 Power is offering a variety of fixed term lengths to residential customers, with the product consisting of an energy charge and pass-through of TDU charges. The energy rate, and all-in EFL rate quoted at 1,000 kWh usage, are below (in ¢/kWh):

V247 Power Offers at Sharyland Utilities LP
               Energy Rate     EFL Average Rate
3 Months Fixed:     4.7             11.6
6 Months Fixed:     5.3             12.2
12 Months Fixed:    5.5             12.4
18 Months Fixed:    6.2             13.1
24 Months Fixed:    5.9             12.8
36 Months Fixed:    6.2             13.1

V247 Power Offers at Sharyland- McAllen
               Energy Rate     EFL Average Rate
3 Months Fixed:     4.6              9.1
6 Months Fixed:     5.1              9.6
12 Months Fixed:    5.2              9.7
18 Months Fixed:    5.9             10.4
24 Months Fixed:    5.7             10.2
36 Months Fixed:    6.1             10.6

Each plan includes an early termination fee as follows:

3 Months Fixed:     $100
6 Months Fixed:     $150
12 Months Fixed:    $250
18 Months Fixed:    $300
24 Months Fixed:    $300
36 Months Fixed:    $350

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