h1

TXU:The Problem With De-Regulation

May 23, 2009

I am going to be moving into an apartment soon and part of doing that is looking to see about getting the power on. To my shock, there are quite a few power companies servicing Texas…over 100! However, I decided to first look into one of the largest: TXU.

Boy, was that a mistake! These guys wanted a $450 deposit! And not for some silly reason like my credit was bad (more specifically, former electric history), but because I’ve never had power in my name before so they can’t trust me. Further more, that’s more than my rent! Call me crazy, but I am not paying an electric company a deposit that is higher than my monthly rent. There response was basically “Live without power then”. I guess they are not aware of the fact that they are not the only company out there. They are however, the one with the HIGHEST deposit (something else they don’t seem to factor in)–besides having some of the highest rates.

I don’t think that a central government should meddle in the affairs of business to much besides regulating operation laws. However, I do think a state government should regulate things like power, water, and gas so that it’s made more available to those who can’t afford such outlandish deposits. And now, with our country in a financial mess, who is going to qualify for anything right now?

Now that I have been on a rant, I rely on a higher power. God has worked out everything so far in this. I even managed to find a power company that didn’t require a deposit (which proves TXU wrong show said that was not possible). I guess they will do anything to keep and/or get a customer–including lying.

Well anyway, I will keep y’all posted on how my move goes and will even be including pictures of the place. Those of you on Facebook will get a chance to see it first. Later all!

Leave a Comment