The price of six-month plans rose 66 cents 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 now $6 less expensive per month than it was in March of 2011.
The average price of one-year plans declined $1 last week, making them $4 a month cheaper than in February and $5 a month cheaper than a year ago.
The average price of two-year plans continued to decline as well, falling 65 cents last week. The average prices is now $3 lower than both last month and this time last year.
The unusual disappearance of a “Green Premium” for two-year plans persisted again this week. While renewable energy historically costs more, the average cost of two-year, "green" plans is 10 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 virtually zero.
CenterPoint Energy Services, Inc. (CES), which manages TrueCost, is not the same legal entity as CenterPoint Energy Resources Corp. (CERC) or CenterPoint Energy Houston Electric, LLC (CEHE), nor is CES regulated by the Railroad Commission of Texas or the Public Utility Commission of Texas. You do not have to buy products or services from CES in order to continue to receive quality regulated services from CERC or CEHE.