City of Watauga issued the following announcement on May 27
With the approval of the City Council, the City of Watauga 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 free program that gives residents the opportunity to get a lower rate on their electricity bill by purchasing power together. The program is run by iChoosr, LLC, and is licensed by the Public Utility Commission of Texas.
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.
How does it work?
The Texas Power Switch forms a group of residents interested in saving on their electricity. Three times a year, they arrange a reverse auction where eligible electricity providers compete for the business of the group. The provider who offers the lowest rate presents the winning offer to the residents. It is then up to each individual to decide whether they would like to accept the offer, or not.
Save on average $450 on your electric bills per year
Texans who have switched in previous programs are expected to save an average of $450 per year on their electricity bills. The Texas Power Switch spring auction took place on May 19th – and there’s still time to sign up for the winning offer.
Here’s how it works:
- Register for free at www.texaspowerswitch.com/Watauga before June 24th.
- If you are on a month-to-month plan, you can leave your current contract without being charged a fee.
- If you are in a contract that ends before September 29th, then your contract ends in the current
- switch window. This means that if you accept the offer, you will automatically be switched when your
- contract ends, so that you are not charged an early termination fee.
- If the timing for this program doesn’t work for you, you can still register now to participate in a future program.
- If you decide to accept the offer, the Texas Power Switch will take care of the entire switching process.
Original source can be found here.