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Posted by Don Ocean on November 4, 2008, 3:31 am
Steve wrote:
>> Does anyone have an experience with utility-company repair plans? I am
>> considering one for my furnace, which is pretty old.
>>
>> Has anyone ever need a repair/replacement under these plans?
>
> Advantages....
> They put the payments on your utility bills.
>
> Disadvantages...
> you don't have a choice in the contractor
> you don't have much of a choice in equipment brands
> you don't have a choice in financing or interest rates
> you don't have much of a choice of the type of equipment
They hire the cheapest hack in town to do your repair work. Keep in
mind..He works for them.. Not you. A Good Maintenance policy like the
one out of San Antonio lets you call whomever you want.. You pay The
Service Company and are immediately reimbursed. No bullshit and no
scams. The Utility companies used to do service and replacements. But
20 years ago someone brought a lawsuit against them and the Government
for unfair trade practices and unfair competition. All Utility
companies, Private and municipal are heavily subsidized with tax
dollars. So those companies, licking their wounds from being ousted, set
up warranty services that actually are more scam then content. They sell
you a Monthly payment added to your utility bill and then contract with
whoever is dumb enough to work for practically nothing.. Which of course
is the worst outfit in town. They do have a terrible time keeping
contractors on top of it.
>
>
>
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