TXU Launching New Cash Back Products

TXU Energy is launching new residential cash back products offering higher cash back percentages, and has expanded the cash back program to business customers.

TXU is also conducting a $10,000 sweepstakes via Facebook to celebrate the payment of $100 million to customers under its cash back rewards program since the first payout in 2008.

For residential customers, TXU Energy is raising the cash back percentage under its 24 and 36 month products, with fixed pricing. The 24-month plan offers 3% cash back the first year of the plan and 4% cash back the second year. The 36-month plan awards 3% and 4% cash back the first and second years, respectively, and 5% the third year.

TXU Energy is also expanding the cash back program to small and medium-sized businesses. Fixed rates for 24 and 36 months are available to small and medium-sized businesses, with the cash back percentages equal to those offered to residential customers under the respective term length.

Over the next few weeks, TXU will distribute more than $36 million to customers on TXU Energy electricity plans eligible for cash back. These customers, who were on TXU Energy Texas Choice plans in 2011, will receive as much as 3 percent or more cash back in the form of a Visa prepaid card.

New customers who sign up for any TXU Energy electricity plan, now through March 31, 2012, are automatically entered into the sweepstakes. Customers and non-customers can also enter to win by clicking the "like" on the Cash Rewards tab of TXU's Facebook page and by sharing how they would spend the prize money. Texans can also enter by mail.