Reliant - Reliant Flextra Credits 24 plan

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Reliant Flextra Credits 24 plan

Reliant - Reliant Flextra Credits 24 plan Plan Details

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Green Energy:
100% renewable.
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Term Length:
24 months
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Energy Facts Label

Pricing for Standard Usage Amounts

Average Monthly Usage
500 kWh
1,000 kWh
2,000 kWh
Average Price per Kwh
19.6¢
19.2¢
18.9¢
Estimated Bill Total
$98
$192
$378
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Note: Your actual price per kWh will vary based on your exact monthly usage. (See Energy Facts Label)

The Reliant Flextra Credits 24 plan is a fixed-rate, 24-month contract that rewards you with credits for hitting specific usage levels, making it a great option for households that use a moderate to high amount of electricity each month. Here’s a breakdown of how this plan works and what you should consider before signing up:

How the Plan Works

This plan is designed to give you credits when your electricity usage reaches certain thresholds. Specifically, if you use 1,000 kWh or more in a billing cycle, Reliant will credit your account $50. Similarly, if your usage hits 2,000 kWh, you'll receive a $100 credit. These credits can significantly reduce your overall electricity costs, but you need to be mindful of your typical monthly usage to maximize the savings.

Pricing Breakdown

  • Energy Charge: The energy charge for this plan is competitive, but the key to saving money lies in consistently qualifying for the credits.
  • TDU Charges: As with all electricity plans, you’ll also be responsible for paying Transmission and Distribution Utility (TDU) fees. For the Flextra Credits 24 plan, these include a base monthly fee and a per kWh delivery charge that goes toward maintaining the infrastructure that delivers electricity to your home.
  • Credits: As mentioned, you get a $50 credit for using 1,000 kWh and a $100 credit at 2,000 kWh. These credits effectively lower your cost per kWh and can make a noticeable impact on your bill.

Is This Plan Right for You?

If your household uses a lot of electricity—whether it's due to appliances, heating, cooling, or other high-usage devices—this plan could be a great fit. Hitting the 1,000 or 2,000 kWh thresholds regularly will allow you to benefit from the usage credits, which can offset your costs significantly. For instance, with the $100 credit, the overall cost per kWh becomes much more competitive.

However, if your energy usage tends to be lower, you might not benefit as much from the plan’s credit structure. In that case, a different plan with lower base rates and fewer usage thresholds might be a better fit.

Key Considerations

  • Fixed Rate Stability: With the Flextra Credits 24 plan, your rate is locked in for the full 24-month contract, protecting you from market fluctuations.
  • Usage Monitoring: To get the most out of this plan, it’s important to track your energy usage and aim to consistently hit the 1,000 kWh or 2,000 kWh mark.
  • Early Termination Fee: Be aware of the $150 early termination fee if you cancel the plan before the 24-month contract ends, unless you're moving to a new service area.

Who Is This Plan Best For?

This plan works best for households with predictable, moderate to high energy usage. If you’re confident that your monthly consumption will regularly exceed 1,000 kWh, you can take advantage of the credits to lower your overall electricity costs.

Want to find more details or compare other plans? Check out your options with EnergyBot.