If you could save money on your electricity bill; would you do so if you knew that when you ever had a power outage, you would still call the incumbent utility company in your area? That’s exactly why you should sign up for this new Retex program if you happen to have a business located in any of the Deregulated States above.

If a business that is lucky enough to be located in a State that allows them to choose their electricity supplier, they can now expect to reduce their monthly kilowatt hour electricity bill by an average of 10-20%. For example, if a business that is generating 100,000 kilowatt hours a month of electricity is being billed @ 10 cents a kilowatt hour (kwH), they would be paying $10,000 for that month of electricity usage, which comprises the vast majority of their bill. So, a savings of 10-20% would mean savings of $1,000-2,000 per month; or, $12,000 to $24,000 per year.

Any business or organization that does not have “residential” electricity meters qualifies. Both larger and small will be able to save money on their electricity bills due to our service provider's ability to accommodate cost savings, compared to the incumbent utility, on all tariff pricing schedules.

For a free price quote, please fax to 800-308-3204 one month’s worth of electricity bills to the attention of Ron Feldman, President of World Business Services, Inc., one of the Retex preferred vendors. Ron has been involved with utility bill cost savings since the mid-1990’s, and has a testimonial letter from the 2nd largest utility auditing company in the world for the work he performed for their company. If you have any questions, you may email Ron (bizamerica@aol.com) or contact him at 800-892-0879 (M-F 6:30a.m.-11:30a.m. PST). He can handle all your needs on this program. Next Steps:

When you have provided your electricity bills with Ron, he will obtain the free comparative cost analysis from the authorized electricity supply company, which will be disclosed to you not only when you receive the proposal, but Ron will make an email introduction directly to the executive he works with at the electricity supply company, so that if there are any questions in regards to the proposal, and/or the sign-up forms that will follow, in the event your business decides to move forward, you will be able to have full communications amongst all the parties to the transaction. Unlike other utility consultants, you will not be paying any “up-front” brokerage fees, like those charged by “utility brokers”. Neither are there any application fees, statement fees, or other unexpected fees. There are no surprises.

If you decide to move forward with this program, there are no long-term contracts to sign. The service is month-to-month, and the payment is made through electronic funds transfer, which reduces the burden on your accounts payable department.

Here is all the information you need to know about why this program is different and better for you than other programs in the marketplace. In deregulated States whose governmental legislative bodies mandated that any commercial account, be it a business or organization, now have the option to choose against the incumbent monopoly electricity provider for the “supply” of their electricity, this led to the new authorized electricity supply companies developing pricing schemes on their own that they purveyed to prospective customers. Specifically, the two distinct ways that deregulated electricity supply companies bill their customers for monthly service are: 1) Indexed Pricing – A wholesale based price model that mirrors the monthly rate fluctuations of electricity costs on the wholesale market, and 2) Fixed Pricing – Where electricity suppliers add 15-30% to their prices to market against market conditions. This customer cost increase typically includes maintenance fees and financing costs associated with buying the electricity futures. More deceptively, some electricity providers will provide a customer with a good looking price quote, where these “add on” charges described above are not shown as a numerical representation in the proposed per kilowatt hour price on the contract; but, rather, as “pass thru” charges. What does that mean? It means that these charges, which can amount to as much as 2 cents per kilowatt hour, are unknown at the time the contract is signed to the customer and to the electricity supplier company. This is because the electricity supplier has no way of knowing what they will be charged for these “pass thru” fees in the future by the incumbent utility company that owns the power lines.

What happens is that some companies use a monthly billing platform where the “pass thru” charges are just shown separately from the “lowball” per kilowatt hour rate quote. Worse, some companies do not bill their customers for these “pass thru” charges for in some cases, close to a year. Then, all of a sudden, the customer receives a “balloon payment”! It is important to note that Index Pricing has outperformed Fixed Pricing. Why is this? While the “Fixed Pricing” companies solicit prospective clients on their representation that they are locking them in at a set rate for a given amount of time, it gives the client a false sense that they are buying electricity usage “insurance” that they will be protected against rate increases. Here is the dirty secret about Fixed Pricing. First, in the fine print of the “Fixed Pricing”, there is a Force Majeure clause that they may use at their discretion during any crisis, which in this case would be a spike in pricing such that the “Fixed Price” provider would be able to void their contract, if they thought they were going to lose money. Secondly, Fixed Price contracts have stipulations that the client must commit to a certain amount of electricity usage every month which is logically called a “usage commitment”. What happens if a business, due to poor economic conditions, uses less electricity because of a loss of business, or employee downsizing? That becomes the businesses problem. Similarly, the Fixed Price companies want to protect themselves against weather conditions beyond their control, such as extreme hot or cold temperatures, which cause the electricity generators to incur a higher cost than expected. To offset this risk, Fixed Price vendors have “load commitments”, which effectively prevents a customer from taking advantage of the “fixed price” during events like prolonged snowstorms, or heat waves. By design, the “Fixed Pricing” game is “Fixed”!

The bottom line is that the incumbent utilities are dramatically raising their electricity rates. The rates in Pennsylvania, for example, just went up about 30% at the beginning of the year. We invite your participation and support!

Program Notes: For California, we can pre-enroll businesses now for this service, which is expected to begin July 1, 2009. For Florida, we cannot pre-enroll yet; but, expect to be able to start accepting sign-up forms in the 3rd quarter of 2010. For Michigan, which like California is a “capped” State, meaning that it limits the amount of sign-ups to no more than 10% of the businesses in that state, we can accept the sign-ups. However, for Michigan, the sign-up “cap” has been reached. So, once you are signed up, you will have to wait until enough businesses drop out of the program by either going out of business, etc. It took 9 month’s for Michigan to reach its 10% “cap”. Other Deregulated States have no “cap” limitation.

Contact Retex Member Care if you have any questions or would like additional information.