May 20, 2016

Association Signs Two-year Energy Contract

With the expiration of a two year contract on June 16th, the Association will change its electric service provider from Bounce Energy to Champion Energy Services (Houston, Texas).  Bounce has been acquired by Direct Energy and while Bounce has a very good service record, Direct Energy has a bad reputation and we learned how they earned that reputation when we tried to purchase a renewal contract.

Champion Energy Services is the fastest-growing retail electric provider in the nation and has a high rating with the Better Business Bureau. Champion currently serves homes in Texas, Illinois, Pennsylvania, Ohio, New Jersey, Maryland, Massachusetts and New York.

The two year contract is for $0.0554 per kilowatt hour as compared to the Bounce contract at $0.0632 per kilowatt hour. The fully loaded price (all associated fees and TDU charges) is $0.113