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FAQ's


What types of customers can you help?

How is TEQ compensated?

My current bill seems high, can you lower it now?

What will happen when I switch?

Deregulation seems like a hassle, why did it happen?

Why do I have to sign a contract to lower my rate?

What is all this talk about “The Market”?

What is an “Index Rate” plan and who is it for?

What is a “Green Energy” plan?

What energy efficiency products really work?

Who owns Transparent Electricity Quotes?

Are you hiring?

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What types of customers can you help?

We are glad to help anyone who has to make a choice with their electricity provider, Commercial, Industrial, or Residential.

Our average savings per new Transparent Electricity Quotes commercial customer is currently over 10% of their TOTAL electric bill. How? Simply by applying industry expertise along with kindness.

Our current book of business includes the following categories:

·        Office Buildings

·        Large Warehouses

·        Industrial Manufacturers

·        Malls

·        Restaurants

·        Retail Locations

·        Auto & Transportation Facilities

·        School Buildings

·        Churches

·        Non-Profit Facilities

·        Medical Facilities

·        Sports Complexes

·        Fitness Centers

·        Small Offices

·        Home Owners Associations

·        Large & Small Homes

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How are you compensated?

We are paid commissions by the several Retail Electric Providers (REPs) who have authorized us to be their representatives.  So we never charge our clients directly for our professional services even though we regularly save our clients thousands.

Besides a free professional analysis, why else should you use Transparent Electricity Quotes?

 

We hope you’ll consider allowing us at Transparent Electricity Quotes to show you the value we can offer.

 

My current bill seems high, can you lower my rate now?

In most cases, if you are not in a contract, we can lower your rate right away. However, if you are in a contract, you may have to wait a while. In that case, we can evaluate your current options and help to ensure your savings for the future.

Either way, please include us in the conversation! It costs you nothing for our professional analysis. We want to be your trusted energy professionals.

 

What will happen when I switch?

Switching simply changes the REP who bills you for your energy usage starting on the date you switch. However, before you start receiving your bills from your new REP, you will receive a final bill from your old provider for the usage up to the switch date.

Your lights do not go out when you switch. All that happens is that your TDU (Poles & Wires Company) records your meter reading on the switch date and sends that information to your old REP for a final bill and to your new REP for them to begin billing you according to your new rate.

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Deregulation seems like a hassle, why did it happen?

Deregulation happened to introduce competition into formerly monopolized utilities. That competition has driven prices down. However, Electricity deregulation has introduced yet another decision into the lives of busy consumers, and a complicated decision at that!

The Public Utility Commission of Texas Chairman, Donna Nelson, said, "Texans save money when they take the time to shop for their electricity."

So whether you agree with deregulation or not, it is worth it to take the time to shop for your electric bill. Fortunately, you have found a company that will help you to shop smart!

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What is a “Green Energy” plan?

With a “Green Energy” plan the actual funds from your utility payments directly support renewable energy. The actual electricity coming into your facility remains the same and the quality of your service does not change.

What qualifies as renewable energy?

The PUCT defines it as:

“Any technology that exclusively relies on an energy source that is naturally regenerated over a short time ... Renewable energy technologies include those that rely on energy derived directly from the sun, wind, geothermal, hydroelectric, wave, or tidal energy, or on biomass or biomass-based waste products, including landfill gas.”- PUCT Substantive Rule §25.173(c)

 

What does that funding look like?

When you sign an electricity contract, your new REP will purchase Retail Energy Credits (REC’s) wholesale to compensate for your electricity usage. The REC’s for “Green Energy” plans are purchased from Renewable Resources. The plan may include any percentage of “Green Energy” from 100%, 50%, or a 10%.

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Why do I have to sign a contract to lower my rate?

When you sign a contract, you give your Provider the commitment that you will remain their customer. You also give the Provider the ability to go to Market to purchase a portion of your energy usage when it’s a good time to buy, as opposed to paying the going rate at market close every month. So the discounts from predictable customer payments and better wholesale purchasing are then passed along to you the customer.

Another reason month to month rates are usually more expensive is because it is more profitable for REPs to charge a higher rate to customers who don’t pay attention to their rates or their contract. So don’t allow yourself to be among those who are charged more than necessary! Let us at Transparent Electricity Quotes help you with your next electricity contract decision.

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What is an “Index Rate” and who is it for?

Index Pricing is a wholesale rate that rides the market. It is for commercial customers who are willing to take on more risk in order to maximize savings.

Historically, index rates have been the lowest cost plans over time. So why doesn’t everyone sign up for them? The reason is because index rates constantly fluctuate with the market which carries the risk that price spikes may occur.

For example, in August 2011 a spike occurred. One of our providers’ index rates that month was 12.722 cents/kWh, but the price dropped to 3.335 in September and then to 2.728 in October. That is a rate less than 3 cents! In fact since index rates are wholesale, it is common that they stay between 2.5 & 3 cents/kWh. The average index price in 2012 with this provider was 2.538 cents/kWh. But due to the price spikes in 2011, the average that year was higher at 4.3 cents/kWh. But 4.3 cents/kWh is still a great rate!

So, the question that needs to be asked is: “Could your business easily handle an increase of double or triple energy rates on your electric bill for a short time, or would it be a strain?”

Index products also have an “Adder” charge which covers the cost of servicing your electricity account. When you request an Index quote, you will receive a quote for the adder along with what the market rates have been in recent months. The quote will be for contracted terms just like fixed products. The contracted terms allow you to avoid any added premiums due to the risk that you might switch away. However, most REPs will allow you to change from an index plan to a fixed rate at any time for the remainder of your contract term.

If maximum savings at the expense of risking occasional high bills appeals to you, index is likely to be the best plan for your company.

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What is all this talk about “The Market”?

The market is an indicator of what electricity prices may look like in the future. If you are going to fix a contract into the future, market data can help you decide what plan to sign up for.

However, no matter how knowledgeable a market analyst may be, he cannot know the future. No weatherman can tell you exactly what the temperature will be 365 days from now.

So here’s how we practically use the market here at Transparent Electricity Quotes:

We are cautious of advice that constantly uses future uncertainty and always represents the market as bullish to inspire fear, thus promoting urgency to sign immediately. The essence behind much of the “market data” presented by energy professionals is to get consumers afraid that the market will go up. The energy sales industry moves many contracts based on fear that leave a customer paying more.

On the other hand, objective knowledge of market trends is a huge aid to effectively manage costs and can help customers wisely discern what to do. Our solid market understanding is a major reason to call us at Transparent Electricity Quotes.  It has enabled our clients to save thousands.

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Who owns Transparent Electricity Quotes?

Kevin Krajewski is the owner of Transparent Electricity Quotes LLC.

Kevin has been serving the needs of Commercial clients for 8 years. Having worked from the trading floor at the major Texas Retail Electricity Provider First Choice Power, he has experience not only in Customer Service and Contract Execution, but also Market Analysis, Pricing Components, and Regulatory Guidelines. In 2012, he became the founder of Transparent Electricity Quotes. His customer focus, strong values, and industry knowledge give Transparent Electricity Quotes customers a unique advantage in the Texas Electricity Market.

 

Kevin lives in Grand Prairie Texas with his wife Alissa and four children. He is actively involved in the Grand Prairie Chamber, Arlington Chamber, and Great Southwest Industrial District Association. He has won several community awards including 2013 Arlington A-Team Ambassador of the Year and 2014 Grand Prairie Chamber Member of the Year. He also serves as a Commissioner on the Board of Building Appeals for the City of Grand Prairie.

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Are you hiring?

From time to time we are open to reviewing highly qualified candidates who would like to become energy advisors. The position would allow you to become an approved Subcontractor through Transparent Electricity Quotes LLC. It is in no way a network marketing opportunity. Transparent Electricity Quotes does not represent any network marketing companies and does not allow Subcontractors to recruit energy advisors under themselves. Requirements of the position are an extremely high level of integrity and a teachable attitude.

Please Contact Us if interested.