Welcome to TrueCost
Create Profile Login
TrueCost Electric Portal

Weekly Electric Price Index Update
Fixed prices still falling

Posted by Bobby Dornbos on 03/08/2012 at 4:18 PM

This week, 148 plans were analyzed in the CenterPoint Energy Electric Price Index, from 45 providers.
  • 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.
User-added image 

News & Insights

Electric price trends for July
Prices cooling off as weather heats up

Electric price trends for June
Annual price peak rounding off

Direct Energy joins TrueCost
Another highly requested provider jumps on the bandwagon!

Electric price trends for May
Memorial Day weekend brings a slight lull in the drastic price increases of late

What happens when an electric company goes out of business?
Rates could increase under the "Provider of Last Resort"

Welcome StarTex Power to TrueCost
One of the most-requested electric companies joins the site

Record highs for electric plans
Three years of data don't lie

TrueCost variable rate tracker
Keep an eye on high prices

Veteran Energy gives back to those who serve
A Texas company that does so much to give back to the U.S. military community

Skyrocketing six-month plans and other March trends
Electric prices feeling the heat from natural gas spikes

Electric Price Trends

Track the latest price trends and market conditions.

Learn More

Current Poll