Fate Power Switch
The next round of the Texas Power Switch is underway! We are happy to announce that the electricity plans in this program will be 100% renewable. So now you can save money with cleaner electricity.
The Texas Power Switch is a group energy buying program that allows residents to join together and benefit from lower electricity rates through volume purchasing.
There is no cost and no obligation associated with the program. The Texas Power Switch provides a mechanism to help residents better understand the confusing, deregulated energy market and potentially provides a pathway to saving money on electric bills. The more people that register for the program, the better the opportunity for the Power Switch team to secure a low-cost deal.
During these unprecedented times, many of us are facing economic challenges and are looking for ways to save money and lower our monthly expenses. The Texas Power Switch is a program that makes it easy to lower your electricity bills.
With the approval of the City Council, the City of Fate is officially working with the Texas Power Switch to help residents save money on their electric bills.
What is the Texas Power Switch?
The Texas Power Switch is a group energy switching program that is licensed with the Public Utility Commission of Texas (certificate # 80419). It gives residents the opportunity to join together and get a lower rate on electricity by asking energy providers to bid on the group’s business.
There is no cost to the residents or the City for this service, nor does the City receive any compensation. This is a service exclusively designed to help residents save money.
Save hundreds on your electric bills per year
Texans who switched to the 24-month plan in the fall program are expected to save an average of $903 over the next two years on their energy bills. The more people that participate, the greater the chances are of obtaining a competitive rate. Please keep in mind, there is no fee to participate or obligation to switch.
The power switch period moves through four phases:
Sign Up: Anyone living in a deregulated (ONCOR power grid) area can register for the Fate Power Switch.
Rate Announcement: The Texas Power Switch will conduct a reverse auction on January 26th and will announce the winning rates about a week after the auction. The provider who offers the cheapest rates gets to offer you a new electricity contract.
Personal Offer: After the auction, residents will receive a personal offer that will outline the potential savings.
Accept/Decline: After residents receive their personal offer, you will have until March 3rd to accept or decline it. If choosing to accept, iChoosr will take care of the switching process. If you have a contract that ends before June 1st, you can schedule your switch to occur when your current contract ends to avoid early termination fees from your provider.
Remember: If you’ve already participated in a previous program, keep in mind that you have to re-register every year.
If you need help or have questions, email firstname.lastname@example.org or call 888-376-2077
- Monday through Saturday from 8 a.m. to 10 p.m.
For more information, check out the video below.