August 5, 2002—Green Mountain Energy Co., is signing up customers for its new contract-based Reliable Rate Plan, due to customer demand. The company will also begin an aggressive marketing campaign targeting customers who want to lock in the per kilowatt hour rate they pay for electricity.
Under the Green Mountain Energysm Reliable Rate Plan, with a one-year service contract Texas customers will be able to lock in a per kilowatt-hour electric rate for 12 months. The company will continue to offer its standard pricing plan.
Green Mountain Energy’s electricity in Texas is currently 100-percent pollution-free wind power.
The new plan was developed after a research study revealed that more than 80 percent of consumers in a deregulated market indicated that having a contract that guarantees rates was either “Absolutely Critical” or “Very Desirable” when selecting a new supplier. Texas customers indicated that they are more likely to sign up if rates are guaranteed — even if those rates are higher.
For more information, contact Green Mountain Energy at 866/GREEN TX.
