Texas Electricity Ratings Updates Rankings on 2/22/12

Posted on Posted in Deregulated Electricity, Provider Spotlight, TER News, Texas Deregulated Electricity, Texas Electricity

I just wanted to make a quick post alerting everyone that I’ve re-calculated the rankings on my website, Texas Electricity Ratings. The rankings are compiled using a number of independent sources including current electric rates, the most recent PUC complaint statistics, Better Business Bureau rankings, the customer reviews submitted through the website, and more.

Champion Energy has regained the #1 position, overtaking Bounce Energy, based on some lowered pricing and getting past some customer complaints from Texas’s hellish August. So congratulations to Champion Energy! Bounce Energy slides back to the #2 spot, and Direct Energy has leap-frigged Gexa for the #3 spot on the rankings. Gexa and StarTex Power round out the Top 5. Here’s how the bigger names in the Texas electricity market graded out:

4.21 Champion Energy
4.09 Bounce
3.93 Direct Energy
3.81 Gexa Energy
3.43 StarTex Power
3.29 Tara Energy
3.05 CPL Energy
2.75 WTU Energy
2.71 Spark Energy
2.51 Amigo Energy
2.44 Green Mountain Energy
2.39 TXU Energy
2.28 Dynowatt
2.18 Reliant Energy

Texas deregulated electricity can be very confusing, and unfortunately lots of people still don’t understand exactly how the market and the different providers actually work. Texas Electricity Ratings aims to help educate Texans on the market, highlight consumer issues, act as a consumer advocate, and most importantly arm people with the ability to research different providers through reviews and comparative pricing to help them make informed decisions on the electric plans that best suit their needs. And the rankings, the blog posts, and the access to customer reviews are all a different resources to make that happen and benefit Texas shoppers.

 

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