TXU Energy is lowering prices as much as 15 percent on plans across the state for potential customers shopping for a new electric service plan. A typical customer could save as much as $340 over a year, compared to previous prices, depending on their location and the plan they choose. These price reductions will go into effect by February 1.
"These are challenging economic times," said Dave Hennekes, Vice President, Residential Markets, TXU Energy. "Our new lower prices can help someone shopping for a new plan save real money."
The January price for TXU Energy's MarketEdgeSM
plan, which closely tracks natural gas prices, ranges from 11.1 to 11.9 cents per kilowatt-hour of electricity depending on where a customer lives. This price is down about 45 percent since natural gas prices spiked to all time highs last summer.
In 2007, TXU Energy lowered prices 15 percent for most of its existing residential customers. In November 2008, the company lowered prices as much as 10 percent for more than 300,000 existing customers on other month-to-month residential plans.
TXU Energy is the only competitive retail electric provider in Texas to provide its low income customers a year-round company funded discount. More than 123,000 eligible customers are receiving our discount of approximately 10 percent. This discount is in addition to the state-funded LITE UP Texas discount that is available to low-income customers during the summer months.
In addition, TXU Energy AidSM
- the largest electric bill payment assistance program in the nation - is available to TXU Energy customers who need temporary assistance paying their electric bills. For information on which social service agency provides assistance in their area, customers can call 211 and ask for bill payment assistance.
For more information on available plans, go to http://www.txu.com/plans
About TXU Energy
TXU Energy is a market-leading competitive retailer that provides electricity and related services to more than 2.1 million electricity customers in Texas. TXU Energy offers a variety of innovative products and solutions, allowing both its residential and business customers to choose options that best meet their needs, including exceptional customer service, competitively priced electricity service plans, innovative energy efficiency options, renewable energy programs and other electricity-related products and services. Visit http://www.txuenergy.com/ for more information about TXU Energy. REP #10004.