TXU Officially Announces New Products Offering Credits At Usage Thresholds; Says "Thousands" Have Enrolled

TXU officially announced the offering of its new "Monthly Saver" plans which pay customers a credit at various usage thresholds.

The offering of the new plans had been first reported by EnergyChoiceMatters.com earlier this month (click here). Representative pricing under the plan was included in our original story.

TXU said that "thousands" of Texans have signed up for Monthly Saver plans.

TXU emphasized that a monthly bill credit can be earned for reaching just 500 kWh for residential customers who live in apartments or other multifamily housing. Such customers can get a $12.50 credit in any month that they use at least 500 kWh of electricity. They can get another $12.50 credit if their monthly usage is 700 kWh or more.

Monthly Saver residential customers in single-family homes get a $25 bill credit if they use at least 800 kWh in any month that they are on the plan. They get another $25 – for a total of $50 – in any month that they use 1,200 kWh or more.

Small- and medium-sized business customers get a $25 credit when their monthly usage reaches 500 kWh, and they get another $25 if their monthly usage reaches 800 kWh.