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Low natural gas prices contributed to the relatively stable cost of one-year plans throughout 2011 and for most of 2012. With natural gas prices increasing from the late months of 2012 all the way until the beginning of summer in 2013, one-year electric plans have seen a gradual increase in price this year. It appears as though these plans will continue to follow natural gas prices, which are both seeing a dip in July.
This chart shows the average price for a one-year fixed-rate plan (excluding 100 percent green energy plans).
Average monthly costs as shown are based on a customer who uses 12,000 kilowatt-hours per year. See "About the Index" in the right column to learn more about how the Index is calculated.