r/TexasElectricity • u/mypowernegotiator • May 01 '26

May Renewals at 6.11 cents energy charge + 0 base charge

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We have a negotiated rate plan at 6.11 cents energy charge + 0 base charge + TDU (this is for CNP, base charge is slightly low or high for other regions). If you are up for renewal in May, drop your details at https://www.mypowernegotiator.com/negotiator-rates

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u/wwH2H 23d ago

Is that for 3-month or 12-month? Rates vary by length of term of contract.

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u/mypowernegotiator 23d ago

Thats was for 13 months ending in June 2027. Rate expired now. It was a negotiated rate for customers with May renewal enrolled at https://www.mypowernegotiator.com/negotiator-rates.

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u/wwH2H 23d ago

Doing 13 months ending in June when rates are higher doesn't sound like a great strategy. I see that anyone could get there own 12 month plan at 6.1 through PTC recently, which would seem like a safer move. That sets them up for a May renewal, and for the opportunity to stay away from paying summer rates all year round. More transparency would be helpful by specifying the contract term up front, and the implications.

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u/mypowernegotiator 23d ago

That was lower than the lowest on PTC when it was published. On the renewal strategy, it was always better to get off the summer cycle if possible but if you get a better deal now, why not get it and go for a short term on the next cycle?

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u/wwH2H 22d ago edited 22d ago

Most smart shoppers would suggest avoiding plans that expire in summer. But you suggest betting that in June, there would be good short term rate next year. Looking at last June for example, that would force them to accept an energy rate of 11 to 14 cents, with total between 17 to 20 cents, right when their usage is peaking all summer months. If our goal here in this community is to assist our neighbors with reducing their electricity costs, it's not prudent to suggest a plan that will end in June, when there are better options available. Your offer was made during April. Companies love offering plans that end in summer. The consumer has fewer good options, if any, compared to renewing with the same company, with about a 16% energy rate increase. For comparison, any 12 month plan started before June would end before June 2027. That opens up better opportunities to avoid high summer rates. For example, this year, some friends locked in 12-month plans at 6.1 or less, and some locked in 4-month plans at 5.7 or less. Key strategies include shopping early, and locking in good rates for later SWITCH DATES, within the Texas 14-day grace period. Asking neighbors to wait for a mystery rate to be announced later, during months when rates are rising weekly or daily, like in the original post of this thread, doesn't seem to qualify as a safe bet for our neighbors. They should be locking in lower rates as soon as feasible, both this year and next year.

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u/mypowernegotiator 22d ago

As I said, I agree 100% with you on avoiding the summer months renewal but you would be surprised how many dont want the hassle of switching again in few months. May to August are the peak months for renewals. Overall if you go with short term now and go for longterm later (rates will go up as you mentioned but relatively lower) or going for 1 year now and switching off the summer cycle later may not make big difference. End of the day, the rates keep going up year after year. Appreciate your detailed feedback.