Thursday, June 23, 2011

ChooseEnergy.com Launches Infographic That Details How 3 Pennies Can Add Up To $3.7 Billion in Savings

ChooseEnergy.com created an infographic that explains the waste in the Texas energy market and how much consumers could save if they shopped for a lower electricity rate.

Carrollton, Texas (June 24, 2011) – ChooseEnergy.com, a leading energy shopping and comparison website, today announced the launch of a new infographic (http://www.chooseenergy.com/texaswaste) that illustrates how three pennies can add up to a very large amount of money for Texas consumers. The new, downloadable report on waste in the Texas energy market outlines results of recent research that consumers are spending too much for residential electricity.

With the rising cost of living and a down economy, people are trying to find ways to cut back and save money. According to the new infographic released by ChooseEnergy.com, there could be relief for consumers in their electric bill. According to the report, consumers in Texas could collectively save about $3.7 billion each year if they would shop around for the best rate for their residential electricity.

A number of statistics are included in the report, including how confusing the Texas energy market can be when shopping for new electricity service. There are so many Texas electricity providers to choose from, in fact, there are over 40 active Texas electricity companies and most offer multiple electricity rates – which is very confusing when trying to choose a plan for your home. That’s where consumers can benefit from a site like ChooseEnergy.com. ChooseEnergy.com can help consumers exercise their power to choose and make an informed decision.

"ChooseEnergy.com excels in taking a difficult and time consuming process and making it easier for people to understand through our comparison chart and customer reviews," said Jerry Dyess, President and CEO of Choose Energy. "We break the information down into categories and set criteria which make the information less intimidating and easier to understand."

While highlighting the fact that the Texas energy market is the 11th largest in the world, the infographic also shows that 48% of the electricity consumed is from residential use. So what’s the big deal? On average Texas residents pay about 11.5 cents per kWh for their home electric use when they could be paying 8.5 cents per kWh. Doesn’t sound like much does it? Well, those 3 pennies can add up fast and they add up to $3.7 billion for the Texas consumer market.

The infographic provides a good illustration in comparison on what you could get for $3.7 billion. Those 3 pennies saved could end up being more than the 2011 budget of the U.S. National Guard or more than enough money to purchase all of the major pro sports teams in the Dallas/ Fort Worth area including the Dallas Cowboys, Dallas Mavericks, Texas Rangers and the Dallas Stars. Doesn’t sound like chump change now does it? What if Texas could hire 88,635 more teachers? Do you think that would improve Texas’ national ranking in education and in turn help attract more businesses to our communities?

With a recently updated website, Choose Energy gives consumers the power to save money on electricity while making educated choices based on accurate, up-to-date, comparable information. Choose Energy continues to innovate and provide outstanding Texas power choices for residential and commercial energy customers. Customers now have a simple way to compare offers made by different Texas electricity companies and utilize this power of choice when it comes to electricity.