Lantern Power finds the lowest electric rates for your Texas home and business. Lantern evaluates hundreds of offers from over 50 electricity providers to find the best electric rates for your home, and requests custom quotes for your business. There is no cost for our report and no obligation to accept our recommendation, but if you do, the electric company pays us – so it costs you NOTHING to leverage our expertise!
Lantern’s founder, Elisa Kaplan, started her energy career in 1994 as a programmer for an energy software firm. She was responsible for creating a library of utility rates that allowed users to recalculate their bills and compare the results to what they were actually charged. This library offered electricity, natural gas and water/sewer rates from the smallest municipalities to the largest investor owned electric companies throughout the United States. The creation of this library resulted in an extraordinary understanding of how companies charge their customers. This evolved into a utility bill auditing service that successfully recovered millions of dollars in overcharges. The deregulation of the Texas electricity market in 2002 enabled additional savings recommendations to her many clients.
Elisa has always delivered the information her clients need to make informed decisions. She has been published in industry journals, interviewed by The Wall Street Journal and on National Public Radio, and has spoken at numerous town hall meetings to encourage legislation for corporate accountability. She remains accessible and engaged with her clients, via electricity brokering services.
Lantern Power is a registered aggregator with the Public Utility Commission of Texas, #80320.
If we don’t save you money, we don’t get paid!
No! The company responsible for keeping your power up and running will not change. The quality of your electric service will not change. Power restoration after storms and other disruptions remain the responsibility of your wires company, which does not change.
Retail Electric Providers purchase electricity from power plants, then re-sell that power to their customers. They may offer other value-added services.
Two companies provide electric service to your facility: the Retail Electric Provider and the wires company (also known as the Transmission and Distribution Service Provider, or the Transmission and Distribution Utility, or the utility company). In Houston, it is known as CenterPoint Energy. When their charges have not been included in the price quoted to you by the Retail Electric Provider, there will be extra line items on your bill.
Some of the charges on your bill are still regulated, with prices approved and monitored by the Public Utility Commission. These regulated charges are assessed by the company that owns the wires and reads your meter each month. The wires company charges are non-negotiable and will be the same no matter which electric supplier you choose.
The quality of power delivery to your location depends on your wires company, and that company remains unchanged.
Changing electricity suppliers has no impact on the reliability of your service. The wires company is responsible for the quality of your electric service and this company will continue to maintain that infrastructure.
If you do have a power outage, it won’t come back on any faster whether you have switched providers or not. The local wires company is still responsible for the maintenance and repair of your electric service. You will still call them in the event of an emergency or outage at the number provided on your bill.