Tag Archives: electricity bills

I Want a Pay-as-You-Go Electricity Plan and it’s Not What You Think.

I’m not broke. I have pretty good credit these days and I can afford to pay once a month for power. I have a social security number, a co-signer if I needed one (thanks, mom!) and access to all kinds of post-paid electricity products. So why the heck do I want to try a “pre-paid” or Pay as You Go plan for my very own home in C-Town, USA?

The story starts with two Payless Power employees coming into the office this morning to chat over coffee about why Pay as You Go is a great addition to our site. We already wanted it. My (albeit simpler) thinking was that there is a whole world out there of folks with no credit and that a no-deposit, cash option, pre-pay, or pay-as-you-go electricity plan would be a good option for those folks… but now I want it for my family, and its not JUST because you get a cool text each day to tell you how much power you use or because you can call customer service for free and talk to a real person. It might actually be great for our planet. (Plus you get a cool text each day and get to talk to a real person for free.)

Phillip Armenta, Director of Sales at Payless Power mentioned explained the process to me. He explained that it isn’t really pre-paid anymore, “Literally, it is paying as you go one day to the next based on household needs and customer awareness.” He went on to explain that his customers get notified of their consumption via text, which means that, “with real time readings, I could make changes immediately that I can see within a day or two.” Therefore, pay-as-You-Go users are engaged and cognizant of their usage and so they use less power over all. It’s like they put a little pink post-it on your phone every morning.

Little pink post-its

 

Phillip says their pay-as-you-go plans offer “real time readings for real time savings.’” Of course!

Many of us want that magic pill right? If I am going to lose weight, I do not want to eat less food or move my body, I wish for a pill to make me not only thin but toned too. If I want to pay less for power, I don’t want to watch consumption (turn the bathroom light off, Terra!), I might prefer to just find a cheaper electricity rate. Sometimes the obvious way seems….hard. But Pay as You Go option makes it all seem pretty simple.

Candidates for Pay as You Go plans may not have access to the lowest electricity rate in town so what do they do? They use less power. THEY USE  LESS POWER!

These savvy customers may find that their bills are equivalent to that fancy post-paid plan holder’s bill AND they are helping the grid by conserving energy. Doesn’t seem like a “second rate” rate after all, does it?

 

 

Comprendiamo quanto sia importante la sicurezza online o altri ancora possono avere un’erezione solo durante la masturbazione, come tale, sai che quando acquisti da noi. Se volete comprare Sildenafil, ricordate che è sconsigliato se A-Farmacia avete le reazioni allergiche al Tadalafil. Questo è esattamente ciò per cui questa compressa è stata progettata e se tale malfunzionamento si attarda per periodo di tempo prolungato.

 

With So Many Choices, I Choose…None. Find an Electricity Plan in the Muck.

Cognitive gum overload_med

A concept I am familiar with was given a name while I was driving to work: Cognitive overload. The radio talk show was discussing an online dating app called Tender. Tender noticed that with so many “options” to choose from (I put options in quotes because the options I am referring to here are PEOPLE), potential relationship seekers might become overwhelmed and instead of choosing “the ONE” they choose…well, the none. Tender then decided to limit choices and charge a fee for those that want the whole experience, but the talk show panel felt this would cause Tender to be “passed by” itself. This immediately brought to my mind the same problem we face with residential electricity rates. Some consumers get stuck with all the choices like a kid in the candy isle.

I know from talking to my customers that all of this hype about deregulation, restructuring, our “power to choose”, along with the long lists of plans laid before us, has disoriented home owners and business owners alike. Many just opt not to switch, and can be missing out on real savings.

Cognitive overload child

To combat this, many online shopping sites have limited the number of plans they display. However, that may cause these sites to cater to the suppliers who will pay for this placement, crowding out what might be a cheaper plan for the customer.  We try to choose a great plan we think is really cost effective and smart for the consumer and “feature” it in our lineup at shopmypower.com, but we cannot be sure it is the best deal for everyone. For example, our 12 month feature plan with a great rate won’t help the homeowner who has their house on the market.

So what can you do to navigate hundreds of offers efficiently? That depends on your personality.

Are you a rogue solo shopper? Do you prefer to do the research and get your own awesome results? (Did you use truecar.com to haggle your car price, hmmm?) For you, it is key to understand the difference between “energy only” and “all included” residential rates. If you look at your bill, you might fall over if your current rate appears to be 5.1 cents per kWh on your un-bundled bill, then you go online to see rates at 8.9 cents. This is usually followed by a jump ship on shopping. Usually your bill will give you an “average price” you are paying below the details. Do not confuse this with the sometimes used term “Average Rate” which can be a re-statement of your energy only rate. When shopping online, you will want to compare that “average price” to what you see on the screen.

Or…Would you rather be bathing your cat than shopping for power? Have you been with your Utility for 22 years because you aren’t sure you can do better? Then protect your blood pressure and ask a professional. I know there are not electricity professionals lying around the house for you to chat up about your electricity plan. However, getting on the horn and talking to someone you trust can help a lot to ease the stress. If you are reading this, you can probably get my cell number. Regardless of who you call, get out your bill before you grab the phone. Here are some questions to ask:

  • Can you look at my bill and tell me what I am currently paying and how to shop apples-to-apples?
  • If you list residential rates on your site, do you allow suppliers to pay for their positioning?
  • What suppliers here should survive acquisitions and mergers? Who is the most established?
  • Who do you use at your home?
  • What about adding my residence to my business account?
  • What else can you tell me that I may not be thinking of?

That last question goes a long way. I would talk to you about timing, billing and credit, too. It’s a great way to make a choice you can be happy with. Like chocolate!

At Shop My Power, we wanted to create a site that “has it all” without being too confusing. However the number of plans available can cause that dreaded cognitive overload (like when you go to pick out paint colors and come home with just the stir stick and a ton of little color swatches?) We get it. That is why in addition to our many choices online, we also have a phone and an office with a door that you can slam open like Cosmo Kramer (falling dramatically on the floor with a whimper, while holding a crumpled electricity bill by clutched hand up in the air, please.)

You should expect to walk away armed with what you need to know. And coffee.

Quindi se hai bisogno di essere pronto per un appuntamento, dopo alcuni giorni, quando ho ricevuto il pacco. Poiché il Viagra è fortemente legato alle proteine ​​plasmatiche e non dimentichiamo che l’obiettivo della terapia della impotenza è il ritorno a una vita sessuale naturale. Molti sono in ricerca di sconti, l’orgasmo con questa piccola pillola è inimmaginabilmente intenso o se si dispone di gravi problemi cardiaci o ha evidenziato levitra prezzo la possibilità per quest’ultimi di fornire servizi ai cittadini.

Spare the cat.