Does anyone have any innovative ideas for an electricity provider such as Reliant Energy?

Question by Magilla: Does anyone have any innovative ideas for an electricity provider such as Reliant Energy?
It’s for a project and I can’t think of any.

Best answer:

Answer by Knowledge Is Power
If all that government red tape was somehow legislated out of thee equation , and we scientist’s were free to invent the next generation of these reliant energy devices. Then the need for any kind of fuel would soon become a thing of the past…E1+ MC>R =GAIN<10% -D I'm truly sorry, i can't offer-up any cool innovative ideas here, for out of the sheer fear i could be sued for everything I now own... Friend, we are not free to invent of even talk about anything without worrying about who or what owns those patent rights....

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Q&A: Does anyone have Texas power as their electricity provider, and if so are they any good?

Question by NINA: Does anyone have Texas power as their electricity provider, and if so are they any good?
im currently looking for an electric provider for my apartment. they were recommended to me so i just wanted to get feed back on customer service, if anyone had issues stuff of that nature. thanks

Best answer:

Answer by Mark Powers
AUSTIN – Flaws in the state’s developing electric deregulation market apparently led to millions of dollars in unearned revenue for several Texas energy companies, according to a review by regulators.

The unearned revenue came not through making savvy deals, such as cheaply purchasing wholesale power. Rather, a quirk in the new market system rewarded companies for incorrectly projecting their own energy needs, according to the review.

Regulators say it remains unclear whether these companies had some legitimate reason for the missed forecasts, or whether they deliberately took advantage of the system to unfairly profit from it. Left unchecked, however, the behavior could eventually drive up residential electric bills, analysts say.

“If someone is gaming the system, there is a transfer of money going on without any economic justification for it – and the commission is concerned about that,” said Parviz Adib, director of the market oversight division of the Texas Public Utility Commission.

Citing confidentiality agreements, Adib would not identify the companies. He said the companies are not traditional power utilities such as TXU or Houston’s Reliant, but rather “qualified scheduling entities” that act as middlemen between electric utilities or retailers and the Texas power grid.

Of 46 QSEs operating in Texas, six received at least $ 1 million in credits as a direct result of missed projections, according to Adib’s review. The PUC economist analyzed their forecasting behavior during a 15-day period last August, shortly after Texas switched over to a new electricity trading system under the deregulation law.

In some cases, the magnitude of error was stunning. One company consistently missed by 5 percent to 45 percent, another by 150 percent to 300 percent, and a third by 75,000 percent to 400,000 percent, according to the analysis.

“That’s very, very high – and you can’t justify it,” said Adib, although he emphasized that he is not accusing any company of deliberately misusing the system. He said new market rules under development by operators of the Texas power grid can reduce – but not eliminate – the problem.

Clarence Johnson, an analyst with a state agency that represents consumer interests before the PUC, said the dramatic errors should raise red flags. Left unchecked, he said, such behavior can increase the cost of electricity for all Texans and even undermine the stability of the power grid.

“And even if the period of time we’ve looked at is fairly brief, it could be a symptom … that develops into a more severe problem in the future – and with more significant cost impacts in the future,” said Johnson, an analyst with the Office of Public Utility Counsel.

The gaming opportunities arise from rules governing the behavior of QSEs, which act on behalf of power companies by scheduling their electricity transmission through the power grid.

Under market rules, QSEs must project in advance how much electricity their clients expect to acquire or generate in any given day, as well as how much electricity their clients’ customers expect to consume. The Texas power grid uses these projections to prevent blackouts, as even a brief imbalance between consumption and generation destabilizes the grid.

The power grid pays money to QSEs that consume less energy than they project and assess charges against QSEs that produce less energy than they project. Typically, these credits and charges cancel one another so a given QSE would receive neither a significant benefit nor a significant loss by deviating from their projections.

But under certain circumstances – for instance, during periods when power must pass over potentially overburdened transmission lines – missed projections can generate net revenues for a QSE.

Experienced energy schedulers working on behalf of these entities likely can predict these special circumstances. The concern is that schedulers intentionally project more energy than needed during crucial periods and thereby generate extra revenues.

“The concern is both one of reliability – having the power available when you need it – and the potential for volatile price spikes,” said Johnson, of the Office of Public Utility Counsel. “Ultimately, in the long run, it would also increase the cost of power for everyone. It may take an indirect route to the consumer, but ultimately, it gets to the consumer.”

The problem also appears related to disputed charges borne by the state’s municipally owned utilities. Those charges peaked last summer – during days of high electricity use, when transmission lines became overburdened – and could peak again next summer.

Some representatives of municipally owned utilities have complained bitterly about the charges, saying they did not exist prior to switching to the new deregulated market. These independent utilities have not opted into Texas deregulation but complain that they must still bear some of its costs.

The issue also has drawn the attention of state lawmakers. State Rep. Steve Wolens, the Dallas Democrat who co-authored the electric deregulation law, said lawmakers will review the issue during hearings next year.

He expressed hope, however, that new rules under development by the Texas power grid will help alleviate the problem. Under the new rules, QSEs that schedule power in such a way as to overburden transmission lines would make additional payments to the grid.

Those rules should be complete by February.

However, Adib said the new rules will do nothing to correct other contributing factors, such as a general shortage of transmission lines in Texas. “And there is no way to design a perfect system – there is no way to design a system that is completely game proof,” he said.

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What is the cheapest electric provider in Spring/Woodlands, TX area?

Question by brycrob: What is the cheapest electric provider in Spring/Woodlands, TX area?
I automatically called Reliant Energy, but they seem to be very high /KwH. I’m looking for a reliable, inexpensive Energy Co.

Best answer:

Answer by NeverOddOrEven
Spark energy is the cheapest I have found. I just renewed at just under .14 /kwh. I was paying 11.3 cents for the entire last year until my 1 yr contract ended.

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Q&A: Is Centerpoint Energy the only provider for gas service in Houston, TX?

Question by kilgore87: Is Centerpoint Energy the only provider for gas service in Houston, TX?
Just moving into a new home and looking for the cheapest gas prices for service in my home anyone can help.

Best answer:

Answer by Ashur
Other retailers, including Direct Energy, FirstChoice Power, Gexa Energy, Green Mountain and TXU Energy,

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Who is the cheapest utility provider?

Question by ♥eLiZaBeTh♥: Who is the cheapest utility provider?
What companies have the cheapest rate? We are moving into an apartment and looking for local water and energy rates. Who is the cheapest.

Best answer:

Answer by here to help
if you moving to an apartment, you dont really have a choice of provider i dont think, you go with which ever one the apartment gives if they turn it on themselves. otherwise the only one here is reliant (there is others, but they are respond to reliant)

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cheap phone service and electricity provider for small business?

Question by nonsteroidalantianalgesic: cheap phone service and electricity provider for small business?
I have a salon in Katy, Texas and I am paying $ 800+ just for my electricity and phone service every month, I have TXU and Consolodated communication as my provider……does anyone know any cheaper provider?

Best answer:

Answer by Houston Bred
www.houstonconsumerchoice.com is a site that compares the electric providers. This would be your best bet but you will need to evaluate the termination and transfer prices

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What is your electricity provider in Texas?

Question by cornflakes: What is your electricity provider in Texas?
Hi everyone

I tried Reliant Energy and Tara Energy, but i’m still receiving high bill. I live in two bed-room apartment and my average bill is around $ 160

Any suggestion?

Best answer:

Answer by rcv4e
Change the light bulbs from regular bulbs to those swirl flourecent type. There as bright as the normal ones but use less watts. Get some blinds or curtains that keep out the sun. Go to home depo or lowes and ask if they have film or something you can put on windows to keep the heat out. Use those cheap blue filters instead of the 3m or brand name filters for your a/c heating* brand name type make your system work harder. can check out just energy — http://www.justenergy.com/faq.html

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Who is the best electric provider in Corpus Christi, Tx?

Question by sefik66: Who is the best electric provider in Corpus Christi, Tx?
I moved to Texas from Kansas and surprised to see that there are several different electric providers.(in Kansas there is only one) Could anybody tell me who provides the cheapest and reliable service in Corpus Christi Area (zip:78413)

Best answer:

Answer by V’nessuh
My family has Tara Energy, It’s pretty affordable, our rates never go up.

Here’s the website: http://www.taraenergy.com/

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Does anyone know of a prepaid electric provider in Texas?

Question by MsMiss: Does anyone know of a prepaid electric provider in Texas?
I’ve had Reliant for several years. This summer’s bills have been through the roof and, now, I’m behind. I need to find a service provider for the next couple months because they won’t allow me to transfer service until the balance is paid in full.
Those prepaid guys used to advertise everywhere, now, I can’t find them anywhere.

Best answer:

Answer by Boo Too
Supposedly StarTex offers this.

http://www.startexpower.com/pages/faq-detail.aspx

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