The TXU Energy Time-of-Use plan gives residential customers with smart meters in the Oncor service territory the potential for greater control and savings on their electricity bill. By shifting energy consumption and using less electricity during the on-peak hours between 1 p.m. and 6 p.m., Monday through Friday, May through October, TXU Energy Time-of-Use customers can save hundreds of dollars annually on their electricity bill.
Customers on the TXU Energy Time-of-Use plan will pay one of the lowest prices in the market during off-peak hours, which account for 93 percent of the hours in a given year. At the same time, they get the security of knowing that these prices will be protected for two years. With a few simple adjustments like waiting until off-peak hours to do laundry, run the dishwasher or use other major appliances, customers can use less electricity and save more money.
"Many people can benefit from this plan," said Jim Burke, chief executive officer, TXU Energy.
"We worked hard to make this plan not only practical for our average customer but also easy to understand by providing straightforward pricing during one meaningful block of time. It's the perfect plan for customers whose lifestyle allows them to use less electricity during the afternoons," Burke continued.
In addition to the financial benefits of the TXU Energy Time-of-Use plan, the plan helps the environment by reducing overall electricity demand during peak hours, which is often met by operating older, less efficient power plants.
RATES:
Oncor service territory
Off-peak price: 7.9 cents per kilowatt-hour. Accounts for 93 percent of the hours in a given year.
Peak price: 21.9 per kilowatt-hour
To sign up or for more information, call 1-800-242-9113 or go online at txu.com/timeofuse.
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About TXU Energy
TXU Energy is a market-leading competitive retailer that provides electricity and related services to more than 2 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 txu.com for more information about TXU Energy. REP #10004.