The parent company for TXU Energy and Oncor has filed for Chapter 11 bankruptcy protection, the company announced on Tuesday.
Electric bills have long been take-it-or-leave-it affairs: Pay one rate for power, no matter when you used it. Now they are increasingly offering deals that sound like cell phone promotions: Free nights, free weekends and pre-paid plans.
If you are a “night owl” and a TXU customer a new service plan could save you hundreds of dollars a year on your bill. TXU now has a set of plans that offers customers free nighttime energy usage.
Turning up the thermostat, and turning on the ceiling fans can only cut your power bill so far. In the middle of a historic heat wave though, more North Texas residents are looking for relief from bills that are commonly climbing above $300 a month.
TXU Energy is opening call centers in Abilene and Lubbock which, the electric provider announced, will mean about 500 jobs.