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Direct Energy

Why Choose Direct Energy?

You may be considering Direct Energy as your electricity supplier. You can compare here to make sure you are choosing the best energy plan available in the market for you.

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Electricity Rates and Plans from Direct Energy

Direct Energy is an energy company that provides electricity, natural gas, and energy-related products and services to residential and commercial customers across Texas. They have over 100 years of experience in the energy industry, and offer a variety of electricity plans to meet different energy needs and budgets, including fixed-rate plans, variable-rate plans, and green energy plans. 5 Digital Energy fully endorses Direct Energy as a quality energy provider.

Direct Energy plans for Small Businesses

  1. Fixed-Rate Plans: Direct Energy offers fixed-rate plans for small businesses that provide stability and budget predictability. With a fixed rate, small businesses know exactly what they will pay for each kilowatt-hour (kWh) of electricity used, with the energy rate locked in for the term length of the plan.
  2. Demand Response Plans: These plans offer incentives to small businesses who reduce their energy usage during periods of high demand. This can help small businesses save money on their energy bills and reduce their carbon footprint.
  3. Energy Management Services: Direct Energy provides energy management services to help small businesses reduce energy costs, increase efficiency, and lower their carbon footprint.

Direct Energy plans for Residential Customers

  1. Fixed-Rate Plans: Direct Energy offers fixed-rate plans for residential customers that provide stability and budget predictability on their electricity bill. With a fixed rate, customers know exactly what they will pay for each kilowatt-hour (kWh) of electricity used, with the price locked in for the term of the plan.
  2. Variable-Rate Plans: Direct Energy also offers variable-rate plans that allow customers to take advantage of market changes. The price per kWh can change from month to month based on market conditions, which can result in savings if market prices fall. However, customers can also expect higher prices during periods of peak electricity demand. You may see these plans advertised as “Free Electricity” on nights and weekends.
  3. Green Energy Plans: Direct Energy offers green energy plans that allow customers to support renewable energy sources, such as wind and solar power.
  4. PrePaid Plans: Direct Energy provides prepaid plans, which allow customers to pay for their electricity usage in advance. This type of plan is a good option for those who want to avoid deposits and credit checks.
  5. Bundle Plans: Direct Energy offers bundle plans that allow customers to combine their electricity and natural gas services into one bill.

Cancellation Fees

Direct Energy may charge an early termination fee if a small business terminates their contract before the end of the term. The amount of the fee depends on the specific terms of the contract, including the length of the contract and the type of plan. Small businesses should review the terms of their contract and contact Direct Energy for more information on any potential cancellation fees.

Generally, for business customers, the fee will take into consideration the market price of electricity as well as the remaining time left in the supply agreement. Like all energy providers, Direct Energy will seek damages if the contract is terminated early and is adversely affected by the termination.

For residential customers, make sure to check the electricity facts label (EFL) to understand potential early termination fees.

Why Choose Direct Energy as your Electricity Provider?

  1. Reliability: With over 100 years of experience in the energy industry, Direct Energy is a trusted and reliable energy provider for small businesses and residential customers.
  2. Customer Support: Direct Energy provides exceptional customer support, with knowledgeable representatives available 24/7 to answer questions and resolve any issues.
  3. Competitive Energy Plans: Direct Energy has a track record of providing aggressive natural gas and electricity rates for Texas customers.
  4. Flexibility: Direct Energy offers a range of electricity plans to meet the unique needs of small businesses, with the flexibility to switch plans at any time.
  5. Innovative Solutions: Direct Energy is constantly exploring new and innovative solutions to help small businesses reduce energy costs and improve efficiency.

In summary, Direct Energy is a great choice for small businesses looking for a reliable and innovative energy partner. Whether your service area is Dallas, Houston, or anywhere else in Texas, you can feel confident in your enrollment with a Direct Energy plan. With a range of electricity plans to meet the unique needs of small businesses, they provide the flexibility and customer support that businesses need to thrive.

How 5 Digital Energy Partners with Electricity Providers

Hundreds of other retail electric providers are currently not enabled as a supplier with 5 Digital Energy. 5 Digital Energy has a strenuous vetting process with energy providers so that you can feel confident with your selection. Here are the main criteria we require out of the energy providers we partner with:

Value to the end user

Our main priority as energy advisors is to make sure that our clients are well taken care of. This means that we expect energy companies to bring real value to the businesses that trust us with their energy. Highly marketed electricity plans don’t always mean high quality electricity plans. Sometimes the best rate for your home or business is not actually the cheapest rate. We are only interested in working with suppliers with transparent and reputable business practices.

Financial backing and credit sleeves

Between COVID, massive winter storms in Texas and uncertain economic strength in the last few years, many electric companies were forced to close their doors. If a supplier unexpectedly goes out of business, it’s former clients run the risk of dropping to costly month-to-month or variable rate plans. Financial strength is an important consideration when we evaluate potential supplier partnerships. We want our clients to feel confident with their choice in energy companies.

5 Digital Energy maintains healthy relationships with our commercial partners, which means we often know, and communicate with our clients, any important changes with these retail electric providers.

Products offered

For small business and residential clients, 5 Digital Energy almost always recommends a fixed-rate plan. However, as clients exceed electricity spend of $100,000 or so per year, different types of energy products may make more sense. These products include Index-based rates, load following blocks, Retail Renewable Contracts for green & clean energy or natural gas heat rates. For deregulated states like Ohio, Pennsylvania, New York, Illinois, Maryland or New Jersey, that may mean only fixing the energy portion of your supply costs. For those in Texas, it could mean buying your electricity from the Hub and not the Load Zone. Each client has different budget standards and sustainability goals, so 5 Digital Energy only partners with electricity providers who can deliver the kinds of energy products that our clients need.

Ease of Customer Service

You can look up customer reviews on almost anything these days, and you’ll likely find quite a bit of angry people! Suppliers are often rated publicly only when a customer has a bad experience, so it’s sometimes hard to get a real sense of their customer service. After 10+ years of experience with these energy companies, we only partner with those who we feel deserve you as a client. Many of the electricity providers we work with have award winning customer service. And don’t forget, you always have us! The advisors at 5 Digital Energy are always here to help make sure our clients are taken care of.

Contract Terms

The devil is in the details and that can certainly be the case in electricity supply agreements. Before you sign a contract with a kWh rate that is substantially lower with best rates that it’s competition, make sure you understand all of the energy charges associated with that plan or other contract terms like cancellation fees or early termination fees. 5 Digital Energy has done enough business with the suppliers we represent to feel confident that the Contract Terms they present are fair and equitable to both new customers and current ones. However, that should not stop you from asking questions when you have them! 5 Digital Energy is always here to help.

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