Reliant Launches New Texas Electricity Plan Providing Free Power On 7 Highest Usage Days Per Month
January 6, 2020 Email This Story Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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Reliant has launched a new marketing campaign in the Texas residential electric market built around the premise "Pick Your Free" power
As part of the new campaign, Reliant is launching a new electricity plan that provides customers free electricity for their seven highest usage days every monthly billing cycle (Reliant Truly Free 7 Days).
In the CenterPoint Energy Houston Electric service area, Reliant's Truly Free 7 Days 12 plan is a 12-month indexed product with an average all-in rate of 14.8 cents per kWh, at 1,000 kWh usage. The average price calculation is based on a usage profile over 12 months of 34% of consumption during the 7 highest usage days per billing period.
The average price reflects the following components:
Base Charge: $0.00 per month
TDSP Monthly Charges: $5.47 per month
TDSP Delivery Charges: 4.0312¢ per kWh
Energy Charge: 17.5998¢ per kWh
Free Days Energy Charge: $0.00 per kWh
TDSP Free Days Delivery Charges: $0.00
The 7 Free Peak Days are defined as the seven (7) highest days of usage each 28-day or longer monthly billing period. A day is a 24-hour period beginning at midnight through 11:59 p.m. For each monthly billing period less than 28 days, your bill will reflect one free high-usage day for every four days in that billing period
The plan has a $150 early termination fee
The latest Free energy plan joins Reliant's existing free nights and free weekends plan as part of the "Pick Your Free" power suite of offerings
All of these plans include a Google Nest Hub bundled with the plan at no additional cost.
Competitor TXU previously launched a plan providing Texas customers with free electricity on the seven days they use it the most every month (see story here)