Reliant energy rates and features
- By: Roselee Bachleda
While considering about electric provider, we can choose blindly the Reliant energy of texas. It provides a power supply to over 1.5 million households. Before choosing Reliant energy, Reliant Energy Reviews say how best is for business and residential service. It services 1.5 million customers and still having the 4.8 rating star with Google, and having an A+ rating in the Better business bureau. It was founded with its fortune 200 parent company, NRG Energy Inc. Both these companies working together and enhancing the better way of service and there are the leading energy companies in Texas.
Some energy plans with rates are given below, Reliant Energy – basic power 12 is for 12 months with $0.111/kWh, Reliant energy – truly free nights 12 is for 12 months with $0.141/kWh, Reliant energy – truly free weekends 12 is for 12 months with $0.141/kWh. They also provide some discounts on their energy plans. The truth of the matter is that the texas power grid was created by regulated monopoly providers at the time, and suited to fit their needs. The placement of generators is used to made sense for them at the time but led to an increase in energy rates. Since deregulation in energy 2002, power providers like Reliant energy popped up to offer power based on the part of the grid you will be pulling from.
Fixed-rate and Variable rate energy plans:
One energy plan that we have to choose the rate of the power constantly for the entire plan validity. This is named a fixed-rate plan. In this plan, the rate of the power is fixed, locked in each month. This is the option for stability, security, and consistency with our electricity. It is the perfect plan for the big family, and we haven’t worry about the hike of the power rate in the market. There are several plans with different rates of the contract is available, But the reliant energy has two-year contracts. Once our contract is over we have to renew or switch to the new plan. The main advantage is that we have to pay the same money for kWh even market rate of power is high. In case of a lower power rate in the market, there is little loss. Another type is a variable option that is opposite to the fixed energy plans. If the fixed-rate energy plans don’t suitable for us, we can go with a variable rate energy plan.
In this plan, there are no contracts to renew or switch, also no set rates and commitments. This works on a month-to-month basis. That means we have not to need to renew or pay a cancellation fee or penalty of our plan when it ends. This plan never gives us a fixed plan for each month, it gives the actual power rate from the market. The merit is that if the market rate is lower, we have to pay less money. But, the rate of power is high in the market then, the power rate is high for that month. Above situation only the demerit of the variable energy rate plan. Apart from these plans, the reliant energy provides 100% solar energy with 24×7 service. It is 12 months contract with customer service. This plan is not only safe for our planet, but this also gives peace to our minds.