Tuesday, November 20, 2012

Why electricity deregulation sucks

So maybe you're living somewhere where they are considering deregulating electricity.  If so, STOP THEM.

I live in Texas, where they perpetrated this scam on us over a decade ago.  Every few months--varying based on term--I have to select a new electricity provider if I don't want to get gouged.

Sure, it looks great if you don't think about it at all.  You even have a nice looking website:


And gee, if you go to "compare offers" (feel free to use my zip code 77057) you will see lots of different options--

and you better read the fine print on every single one of them.

So you know, all the electricity always comes from the same places.  You just pay different people.  And if you follow the links on the offers to any of the companies' websites, you'll see they all have a totally different scheme and way of doing things.

For example, Frontier Energy just tricked me into signing with them, only to get a phone call saying I have to sign up for automatic payments to get the rate they promised.  Again, in the fine print--and there is a lot of fine print.

Fine print is not justice.

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