September 2012 - Direct Energy of Texas has launched a new renewable energy offering called New Leaf Energy, which offers 100 percent Green-e certified renewable energy generated by Texas wind turbines. New Leaf Energy offers customers the ability to sign up for 6-, 12- or 24-month plans that offer fixed-rate price protections or a variable price option that comes with the ability to switch to a fixed-rate plan at any time. Participation in the new product offering costs roughly $25 per month more than the average Texas household's monthly electricity bill. The average Texas household consumes roughly 14,388 kilowatt-hours of electricity each month.
News Release -
Direct Energy Launches New Leaf Energy to Offer Texans 100% Renewable Energy
November 2011 - Direct Energy has set a new fixed price for a 100 percent renewable energy product for Norwich, Connecticut residents who enroll in Direct Energy's Direct Choice program. Direct Choice customers can purchase RECs at a fixed rate of 8.49 cents per kilowatt-hour (kWh). Customers who are 65 or older are eligible for a discounted rate of 8.39 cents per kWh. Direct Energy will purchase and retire RECs to offset 100 percent of customers' electricity use.
Additional Information -
Direct Energy Offers Special Program
February 2007 - The Port of Houston Authority has entered into a three-year agreement with Direct Energy for retail electric service that includes 5% wind energy, totaling about 6.5 million kWh. The port is the first announced commercial renewable energy customer for Direct Energy, which has signed long-term agreements to purchase power from three west Texas wind farms: Buffalo Gap, Buffalo Gap 2 and the Sand Bluff Wind Farm.
News Release - Port of Houston Authority Taps Direct Energy for Addition of Renewables to Electricity Supply
News Article - Port of Houston Signs Direct Energy Utility Deal
August 2005 - Direct Energy Inc. has joined several other companies offering retail renewable energy purchase options to Texas consumers. The Pure Texas Wind Plan is a 100% renewable energy product offered at a fixed price for one year. The current price represents a premium of less than 1¢/kWh compared to the "Price-to-Beat" in the Dallas/Fort Worth and Houston service territories. A second option, the Clean Texas Wind Plan, is a 50% renewable energy product offered at a 2% guaranteed savings to the "Price-to-Beat."
Direct Energy currently serves about 900,000 customers in Texas. In June, the company signed a long-term power purchase agreement with AES Corp. for the output of the 120-MW Buffalo Gap Wind Farm located near Abilene, TX.
News Release - Direct Energy Offers Renewable Energy Plans in Houston
News Release - Direct Energy Signs Long-Term Renewables Supply Contract with AES in Texas
News Article - Direct Energy rolls out renewable energy option in Texas