Reliant Offers Flat-Fee Electricity Plan
HOUSTON (AP) - Electric retailer Reliant says it’s launched an unprecedented program in Texas that allows customers to purchase their power at a flat monthly fee.
The Houston-based company says the plan makes budgeting easier for residential customers. It’s based on a computer model that considers a customer’s prior consumption to predict how much electricity that customer will use in the future.
Customers pay the flat fee irrespective of how much power they consume. But if electricity use rises, then Reliant considers that increase when establishing the fee for another 12-month period.
Reliant introduced the program for limited use in 2012, but the company declines to say how many have enrolled.
Critics tell the Houston Chronicle the plan encourages unrestrained power use at a time when energy conservation is needed.
(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Staples: Customer Data Exposed In Security Breach
- Rondo Wants Another Title Run In Move To Dallas
- Perry: Top Official Resigning Over No-Bid Contract
- Unexpected Surprise For Some Collin County Burglary Victims
- Animal Shelter At Code Red Full; Specials Offered
- PHOTOS: Your Pet Pictures