Texzon Urges Businesses to Lock in Long-term Rates with Its "SmartXtend" Program – Latest Market Forecasts Indicate Electricity Rates Should Continue to Rise

SmartXtend allows customers to take advantage of a window of opportunity that exists because of lag between current market rates and future market rates. Latest market news shows low stockpiles will result in future price increases.

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Thanks to Texzon’s hard work on our behalf, we have better rates and budget stability for the next five years

Dallas, TX (PRWEB) May 31, 2014

Texzon Utilities (TEXZON) is a national energy management and procurement firm. As an impartial advocate, Texzon specializes in helping customers 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. Texzon stays abreast of important developments in the market and advises customers of the optimal time to negotiate their energy contracts.

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.

From FoxBusiness.com article: Low Stockpile Raises Worries Over U.S. Natural Gas Supplies "As the coldest winter in 30 years thaws across North America, some experts worry that stockpiles will not be refilled to levels high enough to meet demand next winter, causing supply disruptions and sudden price surges of the kind that have dented power company earnings and raised residential bills in recent months."

What customers are saying about the program:

“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

“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

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

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.


Contact

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

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Texzon Market Report