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Report: #355223

Complaint Review: Cirro Energy - Richardson Texas

  • Submitted:
  • Updated:
  • Reported By: Houston, TX Texas
  • Author Confirmed What's this?
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  • Cirro Energy 501 W President George Bush Hwy Richardson, Texas U.S.A.

Cirro Energy My take is they are going under (as with the other 4) Richardson Texas

*Consumer Comment: Rate Increases hit all of TX Power Company Customers

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Cirro Energy nearly doubled my rate during the course of one month. I had spoken with a CSR and they had pretty much stated tough, everyone will be having to pay a substantially higher rate because they needed to pass on losses. They DID NOT contact me about rate changes, nor did they mention the fact that they are in financial dire straights (which most likely they are). They are extremely understaffed and have their business development people attempting to spin some type of convincing story about customers not having contracts and being able to charge higher rates. I STRONGLY URGE ANYONE CONSIDERING CIRRO TO LOOK ELSEWHERE. Their actual rates are MUCH higher than their advertised rate plus, once you are locked in you will be forced to pay more than any pther energy provider. I give them 6 months TOPS. CIRRO SUCKS.

Pissedoff
Houston, TX, Texas
U.S.A.

This report was posted on Ripoff Report on 07/24/2008 12:55 PM and is a permanent record located here: https://www.ripoffreport.com/reports/cirro-energy/richardson-texas-77598/cirro-energy-my-take-is-they-are-going-under-as-with-the-other-4-richardson-texas-355223. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

Rate Increases hit all of TX Power Company Customers

AUTHOR: Laurie - (U.S.A.)

POSTED: Thursday, July 24, 2008

I expected to happen too.

When they first deregulated the power companies in TX, I knew this would happen.
Its the same exact problem California had when they deregulated there.

First several new "providers" starting offering lower rates.

Second everyone was hit with high rate increases. Most recent was 40%
Those new providers are not doing well because they have to lease infrastructure (Power Lines) from the main power company (TXU) to get the power to their customers.

Third:
Soon we'll be suffering the rolling blackouts and brownouts that plagued CA for a few years.

I never left TXU - knowing these new companies would eventually fail.

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