2019
When was Spartan Energy founded?
Texas electrical grid which supplies power to more than 25 million Texas customers and represents 90% of the states electric load.
What is ERCOT AKA Electric Reliability Council of Texas?
1-49
What is the demand for small commercial?
50+
What is the demand for large commercial?
Initial bill pickup
When does closing start?
Client's contract is active with Spartan
What does "on-flow" mean?
When a party wants to break the term of an agreement.
What is a ETF AKA Early Termination Fee?
Perk
No early termination fee with 30-day notice if business moves or sells.
Perk
Adjusted price drop / Blend & Extend
10 years
What is extended terms?
45-60 days
How long does it take for the customer to receive their first bill when on flow?
Many REP's add a fee for electricity as part of their service cost AKA junk charge.
What is a base charge?
30 months / 2.5 years
How far in advance can we renew small commercial?
30+ months / 2.5+ years
How far in advance can we renew large commercial?
Within 3 months of contract expiration date
How far in advance do REP's normally renew?
Base charge AKA junk charge
What is seen on a non-clean bill?
Energy charge plus TDU and taxes
What does "all-in-rate" mean?
During close, what else besides a signature do you need?
Signature, date, TAX ID, picture of ID
During close what else besides a signature do you need?
Signature, printed name, title, and picture of ID
The 5 TDU Providers in Texas
Transmission and Delivery Utilities in Texas (TDU) are AEP, Oncor, CenterPoint, LP&L, TNMP
Reliant, Stream, Cirro Energy, Green Mountain Energy, Direct Energy, PennyWise Power
What companies does NRG own?
Measurement made by the TDU provider in which determines if the business is large or small commercial meter.
What is demand?
$250
What is the cost of NRG ETF?
What is the cost of NRG ETF?
Based on the amount of months left on the contract and the value of the last bill
Proxy Checklist
1. Official name of business.
2. Owner/decision maker full name.
3. Phone Number.
4. Email.
5. Specific Address with suite number(s).
6. Square footage of business.
7. Specific hours of operation. (days and times)
8. Type of business.
9. Details of the property concerning machinery, coolers, kitchens etc..
10.Pictures or video of the inside of the building.
11.Tax ID or EIN or Sales Use Permit or Tax Payer ID
12. A picture of the meter(s).