A Dallas-area restaurant group with 3 locations reduced electricity costs by 18% by switching from their incumbent provider to a competitively-negotiated 36-month fixed-rate contract.
Full-service restaurants (casual dining)
3 locations in Dallas metro area
18,500 sq ft combined
42,000 kWh average (all locations)
Oncor Electric Delivery
Incumbent retail electric provider (REP)
The restaurant group had been with the same electricity provider for 7 years, renewing contracts without competitive shopping. Their most recent contract was a 12-month fixed-rate agreement at 11.8¢ per kWh, which was significantly above market rates for their usage volume.
The restaurant owner contacted Power My Business 90 days before their contract expiration. Our broker team analyzed their usage patterns, compared quotes from extensive network of Texas providers, and negotiated a competitive 36-month fixed-rate contract at 9.7¢ per kWh—a 2.1¢ per kWh reduction from their previous rate.
Reviewed 12 months of billing data across all 3 locations to identify usage patterns, peak demand periods, and cost drivers. Consolidated all accounts under a single contract for volume pricing.
Solicited quotes from extensive network of Texas retail electric providers, comparing energy rates, contract terms, early termination fees, and hidden charges. Identified 8 competitive offers below 10¢ per kWh.
Negotiated with top 3 providers to secure additional rate reductions and favorable terms. Final contract: 36-month fixed rate at 9.7¢ per kWh with $0 early termination fee after 24 months.
Managed entire switching process including paperwork, coordination with old and new providers, and meter reads. Owner experienced zero service interruption and no operational impact.
Set up contract expiration reminder 90 days before end of term to ensure client can re-shop and avoid automatic renewal at potentially higher rates.
Reduced per-kWh energy rate from 11.8¢ to 9.7¢, resulting in $1,183 monthly savings across all 3 locations.
Total first-year savings of $14,200 based on actual usage. Over the 36-month contract term, projected savings exceed $42,600.
Switch completed in 21 days with no service interruption, no staff training required, and no changes to daily operations. Owner spent less than 2 hours total on the entire process.
36-month fixed-rate contract provides budget certainty through 2029, protecting against market volatility and seasonal rate spikes. Rate is locked regardless of wholesale price fluctuations.
Owner contacted Power My Business 90 days before contract expiration. Provided 12 months of billing data for all 3 locations.
Analyzed usage patterns, identified peak demand periods, and solicited quotes from extensive network of Texas providers. Identified 8 competitive offers below 10¢ per kWh.
Presented top 3 offers to owner with detailed comparison of rates, contract terms, and projected savings. Recommended 36-month contract at 9.7¢ per kWh.
Negotiated final terms with selected provider, reviewed Electricity Facts Label (EFL) with owner, and completed contract signing. Submitted switch request to new provider.
New provider coordinated with Oncor (TDU) for meter reads and service transfer. Old provider processed final bills. No action required from owner.
New provider activated service at all 3 locations. Owner received confirmation and first bill at new rate. Savings began immediately.
No. The switch was completely seamless with zero service interruption. Electricity delivery continued uninterrupted because the same TDU (Oncor) maintained the physical infrastructure. Only the billing provider changed. The owner and staff noticed no operational impact whatsoever.
Less than 2 hours total. The owner spent approximately 30 minutes providing billing data, 45 minutes reviewing proposals, and 30 minutes signing contracts. Power My Business handled all research, negotiations, and coordination with providers.
$0 to the restaurant owner. Power My Business is compensated by the electricity provider through standard industry commissions. The owner paid no fees, no upfront costs, and no hidden charges. The 9.7¢ per kWh rate was the final all-in energy rate.
Yes. The 9.7¢ per kWh energy rate is locked in for the entire 36-month contract term regardless of market conditions or wholesale price fluctuations. The only variable costs are TDU delivery charges (set by Oncor, not the provider) which typically change less than 2-3% annually.
Power My Business will contact the owner 90 days before expiration to re-shop rates and negotiate a new contract. This ensures the owner avoids automatic renewal at potentially higher rates and continues to benefit from competitive market pricing. The process will be just as simple as the initial switch.
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