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

TrueCost variable rate tracker
Keep an eye on high prices

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

Electric company reviews you can use
The steps we take to help ensure reviews on TrueCost are trustworthy and valuable

Switching is up in 2014
23 percent higher than 2013 so far

Electric price trends for February
Statewide averages just over 10 cents

What it takes to start selling electricity
Wondering if just anyone can start a company selling electricity? The answer is no.

Electric price trends for January
Slow growth on the way to Spring

Saving money with light bulbs
Instant gratification via smart meter

What happens when your plan expires?
Your electric rate could go up by 65%!

Here's how many people switched electric plans in 2013
A look back at 2013 by the numbers


Electric Price Trends

Track the latest price trends and market conditions.

Learn More

Current Poll