New Texas Retail Market Entrant Launches Charitable Energy Plans & Discounts For Essential Workers
April 23, 2020 Email This Story Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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Iberdrola Texas, a new entrant into the Texas retail market, announced a partnership with statewide nonprofit, OneStar Foundation, to support the economic recovery of Texas communities affected by COVID-19, through an affinity retail electric plan.
"Before the pandemic, we were planning a big launch to celebrate our entrance into the market, but given our new reality, the team recognized a much larger opportunity to help Texans now," said Laney Brown, President of Iberdrola USA’s retail business. "We know summer heat is heading our way and Texans deserve a much-needed break. That’s why Iberdrola Texas is offering energy plans specifically for essential workers and Texans who want to help their neighbors."
Iberdrola Texas is rolling out two new plans that are available for enrollment now through the end of May:
As described by Iberdrola Texas, the plans are:
• "Everyday Heroes Plan: Iberdrola Texas wants to help lighten the load for the essential workers who are operating on the frontlines so others can safely shelter-in-place. To provide some relief, Iberdrola Texas is covering half of the first two months of energy bills, and offering one year of heavily discounted utility rates to essential workers residing in the Dallas/Fort Worth and Houston areas."
• Give to COVID Relief Plan: While many are on the frontlines of the COVID-19 defense, there are Texans at home who are eager to help in the economic recovery of their communities. When new customers sign up for the Give to COVID Relief plan, Iberdrola Texas will make a $100 donation to the OneStar Foundation who has been designated by the State of Texas to raise and distribute funds to organizations working on the ground to provide relief."
The Everyday Heroes Plan, for essential workers, comes in various term lengths including 12, 24, and 36 months. In the Oncor service area, the Everyday Heroes 12 month plan has an average all-in fixed rate at 1,000 kWh of 11.1¢ per kWh, reflecting an Energy Charge of $0.07200 per kWh and Oncor charges of $3.42 per month and 3.577¢ per kWh. The plan is 100% wind. A $150 early termination fee applies. As noted, Iberdrola Texas is covering half of the first two months of energy bills
The Give to COVID Relief Plan comes in various term lengths including 12, 24, and 36 months. In the Oncor service area, the Give to COVID Relief 12 month plan has an average all-in fixed rate at 1,000 kWh of 11.8¢ per kWh, reflecting an Energy Charge of $0.07900 per kWh and Oncor charges of $3.42 per month and 3.577¢ per kWh. The plan is 100% wind. A $150 early termination fee applies. As noted, enrollments on the place result in a $100 donation to support the Texas COVID-19 relief fund
All electricity plans from Iberdrola Texas include fixed prices and energy sourced exclusively from Texas wind farms.