TXU’s new television promotion focuses on the TXU Cash Rewards program. As with many of TXU’s promotions there are problems with the Cash Rewards program. The commercial promises up to 5% cash back but the catch is that the 5% rebate is only applicable in the 3rd year of a three year contract. To start out the amount is only 3%.
Another problem is that the rates are so much higher than other electricity providers that the 5% cash back doesn’t really mean much. Expect to pay 35% or more higher electricity rates for the privilege of getting the small rebate once a year.
This article goes in to detail about the promotion does the math and shows how it is really not as good a deal as it sounds like.
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