The price of six-month plans rose 4 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 50 cents last week, making them $3 a month cheaper than in February and $4 a month cheaper than a year ago.
Two-year plans also experienced price declines. The average price of a two-year plan fell 12 cents cents last week, making the average price $2 lower than last month and $2 cheaper than this time last year.
The unusual disappearance of a “Green Premium” for two-year plans persisted again this week. As the chart below shows, the premium for two-year green plans remains less than $0. Or put another way, two-year green plans, on average, cost $1 less than standard two-year plans. Historically, renewable energy has cost more.
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.