Much like this time last year, six-month and one-year plans are priced very similarly. Both plan types could be purchased for $102 per month in March of 2011; today they can be locked in at $96 per month.
The price of six-month plans rose $1 last week. Over the last year, however, the average price of six-month plans have fallen by more than any another plan type. The average six-month plan price is currently $6 less expensive per month than it was in March 2011.
The average price of one-year plans stayed basically the same as last week, which makes them $3 a month cheaper than in February and $5 per- month cheaper than a year ago.
The average price of two-year plans moved up 24 cents but is still $3 lower than this time last year.
The unusual disappearance of a green premium for two-year plans continued for a third week in a row. While renewable energy historically costs more, the average cost of two-year green plans is 51 cents lower than the price of standard two-year plans. As the dark green line in the chart below shows, the premium for two-year green plans (the amount "extra" you pay for renewable-only energy), is less than zero.
CenterPoint Intelligent Energy Solutions LLC, IES, which manages TrueCost, is not the same legal entity as CenterPoint Energy Resources Corp. (CERC) or CenterPoint Energy Houston Electric, LLC (CEHE), nor is IES regulated by the Railroad Commission of Texas or the Public Utility Commission of Texas. You do not have to buy products or services from IES in order to continue to receive quality regulated services from CERC or CEHE.