Saturday 19 May 2018

Who Is Responsible For Fixing Electricity Prices

It won’t be wrong to say that it is consumers that fix electricity prices in Texas. But they do so with the help of consultants. A consumer approaches an energy consultant for help. He relies on the knowledge and business connections of the consultant. What the consultant does is he approaches electricity suppliers for cheaper rates.

Why suppliers listen to consultants?

An energy supply company is a business entity and it works for profit. The profit comes from selling energy to consumers and the company wants to sell energy to as many consumers as it can. The company makes more consumers and it takes help of consultants for increasing number of its buyers. The company gives discount to consultants to encourage them to make more consumers.

How suppliers do business with consultants?

A consultant prepares customized energy plans for its clients that are consumers.He approaches suppliers with his plans and gets approval within a business day. The suppliers miss no opportunity to make more consumers. But a consumer can’t negotiate the best price with suppliers. A consultant is like a business executive; he is like a mediator who mediates between electricity suppliers and consumers.

The suppliers see consultants like an assurance to build cordial relations with consumers. The consultants have business relations with the suppliers. When a consumer approaches a consultant, he relies on his knowledge and business connections. And it won’t be an exaggeration to say that the consumer believes on the consultant more than he believes the suppliers.

How consultant provides service to consumers?

A consultant would first calculate the energy needs of a consumer and then fix energy rates in Houston. He considers the present market price and electricity needs of the consumer to determine the best price for buying energy. After completing the homework, he starts approaching the suppliers. He uses his business contacts to convince the suppliers to give discount to consumers.

Does consumer charge for his services?

Yes a consumer charges for his service but he gets commission from suppliers and not from consumers. As a consumer, you would get free service and if you are charged, you should switch your consultant. There is no way a consultant should charge a consumer but some consultants try making money by selling service to consumers. They want to increase their profit by charging the consumers. You should be be careful when joining hands with a consultant.  

To know more details please visit our website:- www.texaselectricbroker.com