Texzon's "SmartXtend™" Program Helps Cities Lock In Lower Long-Term Electricity Rates in the Face of Future Increases

SmartXtend has helped cities to take advantage of the window of opportunity that exists because of the lag between current market rates and future market rates. Texzon has helped cities achieve lower rates and price certainty for up to five years through this program.

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This is a great deal for the city... thanks to Texzon’s diligent work on our behalf, we are getting a competitive price and budget stability for the next four years.

Dallas, TX (PRWEB) March 31, 2014

Texzon Utilities, (TEXZON) a national energy management and procurement firm, announced today the launch of its "SmartXtend™" Program, to take advantage of favorable conditions that currently exist in energy markets.

Right now, there is a window of opportunity for companies to review their electricity contract and look to extend it multiple years.

Why? Rates are very competitive at this time, but according to industry experts*, future increases in the natural gas markets will precipitate an increase in the electricity commodity market price. Therefore, companies can obtain price certainty for up to five years by locking in a lower rate now, taking advantage of the lag in the markets.

What customers are saying about the program:

“This is a great deal for the city... thanks to Texzon’s diligent work on our behalf, we are getting a competitive price and budget stability for the next four years.”
– Sean Segall, City Manager, City of Elgin, IL

“Thanks to Texzon’s hard work on our behalf, we have better rates and budget stability for the next five years.”
– Jimmy Lamb, Sr. Dir. of Business Services, SAGU

TEXZON stays abreast of important developments in the market and advises cities and commercial customers of the optimal time to negotiate their energy contracts.

TEXZON specializes in helping clients procure the best combination of price and contract terms to meet their energy needs, using a competitive process that shops their usage to many qualified suppliers. As an impartial advocate, Texzon leverages its established supplier relationships and purchasing volume, passing the savings along to the customer. With multiple providers competing for the lowest rate, Texzon customers win!

About Texzon:
TEXZON is a national energy management and procurement firm helping companies implement strategies to control and reduce energy costs. In 2002, TEXZON started brokering electricity and gas in the deregulated markets. TEXZON was recognized in “Entrepreneur Magazine” as one of the "Hot 100" Fastest Growing Businesses in America. “Inc. Magazine” also listed TEXZON as a top 20 energy company in "The Inc. 500." TEXZON currently operates in Texas, Ohio, Pennsylvania and Illinois. TEXZON also recently released its proprietary SmartADR™ System for maximizing economic benefit of Demand Response Programs through real-time electricity load reduction.

For more information, click here or email us at info(at)texzon(dot)net.

*Parepoynt, Jon, (2014, February 25) Exelon: 'Keep on Walkin' Don't Look Back'. Seeking Alpha. http://seekingalpha.com.


Contact

  • Marc Metteauer
    Texzon Utilities
    +1 (972) 290-1229
    Email

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Texzon Market Report