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Blog Feb 23, 2015

News Flash: Payless Power Customers Consume 27% Less Energy

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Because of their ability to monitor their electricity usage daily, Payless Power customers use 27% less electricity than average residential Texas consumer.

The headline is true – the US Energy Information Administration (EIA) has found Texas customers use 1,168 kWh of electricity per month during 2012. Here’s a link to their Excel spreadsheet that shows this statistic, as well as average usage for all 50 states.

However, the average Payless Power customer uses 852 kWh of electricity per month. To be precise, it comes out to 27.05% less energy used. So that’s a 27% lower electric bill annually!

Now, let’s compute that to how much money our average customer saves:

  • Going back to the EIA table, the average Texas customer pays 10.98 cents per kWh
  • Multiply .1098 by the average monthly electric usage (1168) to get the average monthly Texas electric bill of $128.25
  • That’s $1539 annually
  • Payless Power customers use 27% less energy than the average consumer through better technology and daily notifications. At the average cost of 10.98¢, a Payless Power customer could save as much as $415.53 annually.
  • And divide $415.53 by 12 to get a monthly savings of $34.63 for the typical Payless Power customer

When we talked to customers, they said the same thing over and over again. That statement being that they were able to monitor their usage on a daily basis, which helped them to control their costs.

One of our customers, Allan of Fort Worth, TX sums it up well when he says, “I love the daily text messages! It makes it so easy to be sure that my family is being energy conscious.”

Surveying Prepaid Electric Savings Around the Nation

Another prepaid electric provider, which we won’t name, claims prepaid electric customers are enjoying energy savings of 5-14%.

There’s also a movement in Arizona called the Salt River Project. Its goal is to help low-income customers reduce energy usage and stay current on their bills through prepaid electricity. However, their results were a little mixed, and may have ended up actually costing their customers slightly more money.

MJM, a prepaid electric provider in Illinois, claims customers around the nation experience a 10-12% reduction in their electric bills.

So at the end of the day, it looks like a 27% savings on your monthly electric bill is well above the national average.

Are you ready to be Payless Power’s next customer and save big?

Lo que dicen nuestros clientes

¡Vea por qué nuestros clientes dicen que somos el mejor proveedor de electricidad en Texas!

Pagos accesibles y fáciles de efectuar

Me preocupaba conseguir electricidad para mi casa a través de una compañía de prepago. Estuve llamando a varias compañías para consultar las diferentes tarifas y luego tuve que pasar por la moles…

Christine M. en Killeen

Cliente satisfecho

Llevo varios años con esta compañía y me siento muy satisfecho desde entonces. Incluso cuando me mudé, hicieron que esta situación normalmente estresante fuese y nada problemática La recomiendo…

Julia L. en Webster

Long term customer

I have enjoyed the service for 2 years now. In the beginning this service was planned to be temporary but with the service being so effective for me i decided to keep it for the long haul. I’m a happy customer.

Kalandra H. en McKinney