Tuesday, June 25, 2013

What Does a Utility Management Company Do?

Kilowatt Partners, Inc., a Texas corporation, was formed in 2007 with the mission of saving its clients on their energy bills.   If you have looked at bills from different energy providers, it is very difficult to tell what you are paying for electricity. 

If you have tried to shop for rates, you soon discover a wide range of rates and terms that are confusing.  Kilowatt makes it easy for clients to understand the utility cost structure, so you know the real electricity rates.  The service includes data gathering, monitoring, analysis, recommendations, and negotiations. 

Since deregulation, the way power is generated and delivered has been broken down into three components:

Generation is producing energy through various sources, whether it be fossil-fueled, nuclear or solar power plants.

Transmission and Delivery (TDSP) is getting the power delivered to your home or business.  Companies, such as Centerpoint and Oncor, make sure you are getting power delivered to your home.  The TDSP takes care of you when you have a service problem.  They do not care who you buy your power from.

Retail Electric Provider  (REP's) are the "gas stations" you buy your power from.  Most people do not know that the company who maintains the power lines is not the company they buy power from.  There is no added physical safety or reliability by staying with the old REP.

The company has negotiated rate reductions that can reduce a homeowner’s energy bill by 20% to 30%. With a 20% savings in a home using 3000 KWH per month; the homeowner should save $100 per month ($1200 annually). 
Kilowatt Partners has brokerage agreements with multiple Retail Electric Providers (“REP’s) that bid on clients' accounts.  Kilowatt is PUCT licensed to aggregate businesses, homeowners, municipalities, and homeowners associations.

Kilowatt offers energy bill reviews for commercial customers and has recovered over $2,000,000 for its clients.

You can turn your energy bill from something that is frustrating every month to something that is saving you money.

Stewart Masterson, president and CEO of Kilowatt Partners understands the deregulated energy market in Texas, and how to save consumers money on their electric bills.