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Fate secures competitive deal to save residents money on electricity

(FATE, TX — May 8, 2018) Discount Power offers the City of Fate residents a competitive electricity deal through the Fate Power Switch program. This City-endorsed program is expected to save residential customers an average of $343 per year.

Together with iChoosr, an independent service provider, the City of Fate conducted an auction among electric providers. Discount Power won the auction with a very competitive, simple 12-month plan that includes a fixed energy charge of 5.714¢ per kWh and no base monthly fee. This is then added to the standard ONCOR delivery charges of 3.456¢ per kWh and monthly flat charge of $3.49 per month.

Discount Power has a 5 out of 5 star rating with the Public Utility Commission of Texas. Only 12 out of 56 Texas electric providers have the Commission’s highest rating.  Discount Power also won the Houston Better Business Bureau’s Pinnacle Award in 2017.

Wholesale electricity prices in Texas are expected to rise this summer following the recent coal-fired generating plants shutdowns. A fixed-rate electricity contract will assist customers from experiencing spiking power prices.

Fate City Manager Michael Kovacs shared, “As the program has been exceeding our expectations, we have decided to keep the registration open until May 22nd.”

ONCOR residential customers may continue to register for the Fate Power Switch program until May 22, 2018. To learn more visit www.fatepowerswitch.com.

Please note: Households serviced by a municipally owned utility or a utility cooperative are not eligible to participate.

Submitted press release.

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