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Is Xoom Energy the REP for Me?
Texas is one of the biggest states in the country behind only Alaska in total land. While it might be the second-biggest state, it has by far the biggest and most competitive energy and electricity markets. The reason that electricity companies are so numerous and competitive in Texas, is because the market was deregulated in the early 2000s. In effect, this allows residents in over 80% of Texas to choose their own electricity provider, rather than being stuck with whoever happens to be in the area.
Deregulation was great for Texas in that it led to a competitive market which resulted in lower electricity prices. However, it also led to the founding of over 130 retail electric providers (REPs). Xoom Energy is one of these many REPs that offer electricity plans to Texas residents.
Who is Xoom Energy?
Xoom Energy is a large energy company that offers services to over 18 states and parts of Canada. While they’re available in other parts of the country, a good chunk of their business comes courtesy of Texas. Aside from offering electricity plans, Xoom also offers natural gas and renewable energy plans on a residential and commercial level in Texas.
Though Xoom was founded just over 10 years ago, they’re an energy leader in Texas and throughout the country.
What Types of Plans Does Xoom Energy Offer?
Xoom offers a unique combination of electricity plans. Not only do they have some of the best residential plans in the state, but they also offer business, commercial, industrial, and natural gas plans. Here are some of the different plans offered by Xoom Energy.
Fixed-rate plans are the most popular option at Xoom Energy. Depending on where you live, Xoom offers several different fixed-rate options with contract lengths of 12, 24, or 36 months. The price point on these plans varies greatly with rates ranging from 15 cents to 25 cents/kWh.
One of the specific fixed-rate plans worthy of mention is the RescueLock 12 Bundle plan. With this plan, you have a fixed rate for 12 months at a time and the different tiers of use only vary by one cent. Additionally, 5% of your energy bill goes to a local PetSmart charity to help pet shelters. While this is a nice touch, the RescueLock 12 also has fairly high rates which means it’s not for everyone. Contact us at EnerGenie to find out if you qualify for this plan and if it’s right for you and your family.
Variable-rate plans are electricity plans where your rate changes from month to month. They’re also known as month-to-month plans because as the rate changes, you’re allowed to switch plans at any time. There aren’t any contracts with variable-rate plans which means less stability, but you have more freedom to change companies if you’re unhappy with Xoom.
Prepaid electricity plans work exactly like prepaid phone plans. You pay for electricity at the start of each month before you use it. Because there’s no risk involved with you not paying your bill at the end of the month, prepaid plans with Xoom don’t require a credit check or a deposit. However, they also often have higher rates since people usually don’t choose prepaid plans if there’s a better option.
In addition to the many residential electric plans, Xoom Energy offers, they also have a number of quality business plans. Business electricity rates tend to be slightly lower than residential ones because of the high amount of power that businesses tend to use. No matter what the size of your business is, Xoom has a plan to match it. Contact us at EnerGenie to find the best business plan to suit your needs.
Is Xoom Energy Available in My Area?
Xoom Energy is available in most parts of Texas. They work with each of the major TDUs in the state to offer power to Houston, Dallas, Plano, Victoria, Fort Worth, Waco, Midland, and numerous other cities in the state. Contact us at EnerGenie to find out if Xoom is available in your area and whether or not they’re the best option for you.
What's so Special About Xoom Energy?
One of the main things that set Xoom Energy apart from the competition is the fact that they have a sterling reputation for giving back to the communities they serve. They pride themselves on their generosity and participate in a number of programs and partnerships throughout Texas.
In addition to their generosity, Xoom also doesn’t have massive tiers in their plans. While other companies sometimes have three to five-cent increments between different levels of electricity use, Xoom keeps their increments at less than one cent. They also offer special rewards and perks including savings on furnace checkups and filter changes. When you combine their perks with their generosity, it’s easy to see why Xoom Energy is so popular.
Finally, Xoom is a company that cares about pets and animals in Texas. They have a feature built into their plans where a portion of your monthly bill goes to a local PetSmart charity. Xoom doesn’t just care about the people of Texas, they care about the animals too.
How to Get the Best Rates With Xoom Energy
EnerGenie will help you find out if Xoom Energy is suitable for you. We help with the sign-up process from start to finish. We’ll even manage your electricity plan once you’ve signed up for it. Even if you have your heart set on Xoom Energy, EnerGenie might be able to find you a better rate when you sign up through us. Whether you’re shopping around or know that Xoom is the company for you, contact us for the best possible plan and rate.
EnerGenie is your personal electricity shopping assistant. You’ll have peace of mind knowing you have a cheap electricity rate locked in to avoid rate hikes by signing up through us. You’ll also never have to worry about falling onto a high variable electricity rate because we continuously monitor your account and the market to sign you up for another great rate when your contract is coming up for renewal.
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