August 02, 2012
Vault Energy Solutions would like to remind Texas consumers that it is not too late to switch and save on electricity for the summer. The U.S. Climate Prediction Center’s most recent three month temperature forecast warns of continued above average temperatures for the next 90 days. This, along with the August 1st increase in Texas wholesale electricity price caps, will continue to put upward pressure on electric bills.
There are a number of indicators that are pointing to the likelihood of higher electricity rates over the months to come. This makes locking in a fixed rate for electricity now the right move.
“It is not too late to take action to save on those huge summer electricity bills,” says Devon Bass of Vault Energy Solutions. “In fact, the hottest weather and highest electricity usage days are yet to come.”
August is traditionally the hottest month in Texas.