Waco is set to seek a $5.38 million state loan for energy efficiency upgrades to city facilities, with plans for the utility savings to be enough to repay the loan.
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Central Texans can apply for Texas Power Switch and save money on electric bill
Deadline to apply is Wednesday, March 3
MMJ5
and last updated 2021-03-03 11:25:16-05
WACO, TX â Texas Power Switch is offered in many cities across Texas, including Waco, Temple and Copperas Cove. It is a group electric fixed rate to help Texans save money on their monthly electricity bills.
Three times a year, Texas Power Switch allows providers to auction their prices, and they ll pick the lowest bid. Taking that bid, Texas Power Switch will create a fixed rate that best suites your area.
Because you re paying a fixed rate, this means that no matter the usage and or power prices go up, like many saw during the 2021 winter storm, your rate will not move.
City-Endorsed Energy Aggregation Program Helps Texans Save
Texas Power Switch, a licensed Texas energy aggregator announced that it has transitioned to 100% renewable energy to provide residential customers clean power at no additional cost.
Based on average household electricity consumption in Texas, a switch to renewable energy could reduce residential greenhouse gas emissions by approximately 22,000 pounds of CO2 per household per year. This is equivalent to taking 2.2 vehicles off the road or heating 1.2 homes for an entire year, which would be a significant step toward reducing indirect emissions related to household energy consumption.
Renewable energy has historically been considered too expensive, but new research shows that is no longer the case. Texas Power Switch Vice President of North America JP Harper says that by taking this step, “we hope to make switching to renewable electricity simple, accessible and affordable for everyone.”