TEXAN ELECTRICITY AND TXU NEW DEAL IN VOGUE-BOON FOR
ELECTIC VEHICLE OWNERS AND THE BUDGET-CONCIOUS
A summer heat wave alerted TXU to just how willing Texas were to reduce electricity usage during peak hours to voluntarily relieve strain on the state’s power grid. With that in mind, Nancy Perry, senior vice president of sales and marketing assessed that residential customers would be very willing to change their energy habits in exchange for financial savings.
With that in mind they instituted a new Electricity Plan called TXU Energy PowerSmart PM 24(SM), which is three-tiered and centered around the structured usage of
electricity during nighttime, peak, and off-peak hours. The plan implements
deep discounts for nighttime electric use. The plan even makes sense for solar
paneled homes, which typically produce their own electricity during peak hours.
However, with nighttime being the most advantageous for working class America, greater savings for the consumer would come from altering their basic behaviors and
doing electricity-rich activities such as running the dishwasher, doing
laundry, running swimming pool pumps, and charging electric vehicles at night.
“We’ve structured the new plan so that more than 90 percent of the hours in a year are
off-peak or nighttime hours, and we’re giving customers a lower rate for using
electricity at those times. “ This according to Nancy Perry, senior vice
president of sales and marketing.
The TXU PowerSmart PM 24 (SM) plan is available to residential customers who have a smart meter installed at their residence, and who live in Oncor or CenterPoint
service areas. Marketing reps stress that only a change in law or regulatory
changes can alter the guaranteed price protections built into the 24-month
Electric Vehicle owners will find this type of plan to be of enormous benefit, as deep discounts on nighttime electrical dollars when most consumers end their work day will
make perfect complimentary sense and savings.
The TXU plan also makes electric powered vehicles much more economical and therefore accessible to the American consumer. Since most owners would charge electric vehicles at night anyway, a plan such as PowerSmart would greatly increase the vehicle owners savings on the electrical dollar. That information comes from
Russ Kenne, president of Plug-In Texas coalition.
Any incentive that spurs EV adoption is a win all around. In addition to curtailing an
individuals gasoline expenses, electric vehicles can improve the state’s air
quality and reduce the nations dependency on foreign oil.”
Thus as Texans we can see that this type of new deal plan when implemented statewide would benefit everything from the residential dollar to the state environmental
and oil exports. Texans should give it a careful glance.