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