Texans usually start to think about the size of their electric bills as summer heat approaches, but the arctic temperatures blanketing the State for the past few weeks have led to record power usage driven by customers with electric heating, and provide a good reminder that now is still a great time to save on your electric bill by shopping and switching to a new lower electricity rate.
The Electric Reliability Council of Texas (ERCOT), which includes the electric transmission lines for 85% of the state, reported that it reached a new record for peak winter power usage at 55,856 megawatts during the 7-8 a.m. period Friday. That demand broke the day-old record of 52,001 megawatts set during the 7-8 a.m. period Thursday.
Before the recent cold snap, the winter demand record was 50,408 megawatts set Feb. 16, 2007. The new record also far outpaces ERCOT's forecast of peak usage for this winter, which was only 43,463 megawatts, or about twenty-five percent lower, as the forecast was based on normal weather patterns and reduced usage due to the recession.
While Texas is seeing record electric consumption for the winter, the usage is still shy of the annual peak demand which occurs in the summer due to heavy air conditioning usage. ERCOT's all-time peak demand is 63,400 megawatts, set this past summer on July 13, 2009.
“Most Texans will see higher February electric bills due to the weather-related consumption in January”, says SaveOnEnergy.com spokesperson. “That makes it a perfect time to see if you can save money on your electric bill by shopping around for a lower electric rate”.
Many Texans may still be paying a higher rate of 12¢, 13¢, or even 15¢ per kilowatt-hour, based on when prices were higher and the economy was stronger. With the recession and more competitive offers, energy prices have plummeted, and there are numerous plans available on SaveOnEnergy.com for 10¢ or less.
For example, customers in the Dallas-Fort Worth metroplex, served by Oncor, can use SaveOnEnergy.com to sign up for a six-month fixed rate of only 9.4¢ per kilowatt-hour. A 12-month fixed rate, providing even more security against price spikes, is only 10.3¢. In Houston, fixed price rates are as low as 10.1¢.
Using SaveOnEnergy.com to shop for a lower electric rate takes just a few minutes, and is hassle free. All the electric companies on SaveOnEnergy.com have been thoroughly vetted so only reputable energy providers with world class customer service are listed, ensuring that customers don't worry about their choice of energy supplier and savings. With just a few clicks of the mouse on SaveOnEnergy.com, Texans can save hundreds of dollars per year on their electric bill, all without leaving the comfort of their own home.