Electricity tagged interest

The newest retail electricity provider in Texas, OhmConnect Energy (OCE), has entered the market with a unique business proposition: pay Texans to save energy. 

OCE delivers reliable and affordable fixed-rate electricity across Texas and encourages customers to reduce their energy use during peak energy times when stress on the electric grid is highest. 

In return for their energy-saving efforts, OCE gives its customers reward points that can be turned into cash, converted into credits on their electricity bills, entered into prize drawings, or used to buy smart devices that further reduce their energy use. This saves customers money while relieving pressure on the Texas grid.

When customers participate in OCEand#39;s events, which are typically one hour long, they can reduce their annual energy bill by 10-15%, but there are no limits to a customerand#39;s earning potential. The more you participate, the more you can lower your electric bill and earn rewards.

"Texans are seeing a series of highly disruptive extreme weather events as of late," said Don Whaley, President of OhmConnect Energy. "Whether itand#39;s freeze-outs or heat waves, OCE offers Texas consumers the chance to be a part of the solution needed to stabilize the grid: weand#39;ll pay you to help us keep the lights on. This is how weand#39;re bringing innovation to an industry untouched by change for the last 20 years."

This "flexible demand" program is modeled after parent company OhmConnectand#39;s business in California, where its nearly 200,000 customers played an integral role in helping prevent blackouts the last two summers. OhmConnectand#39;s impact was recognized in March of 2021, when it won Fast Companyand#39;s World Changing Ideas Award.

All Texas residents within the competitive regions of ERCOT are eligible to receive service from OCE and participate in the companyand#39;s demand response programs. OCE can sync with the customerand#39;s smart devices (i.e., smart thermostat and smart plug) to automatically reduce your energy use at peak times, which makes getting paid even easier. Customers will always know when their thermostat will be turned up a few degrees and can very easily – and with no penalties – opt out of an event.

"OCE is not your average energy provider," continued Whaley. "Weand#39;re fusing proven innovation with Texas style to give customers what they need. This is how weand#39;ll mitigate the effects of extreme weather for Texas residents and bring the state closer to a stable, reliable energy future."

February 08, 2022