Welcome to TrueCost
Create Profile Login
TrueCost Electric Portal

Weekly Electric Price Index Update
Longer term fixed-rate plans resume a pre-summer price incline.

Posted by Bobby Dornbos on 04/19/2012 at 7:36 PM

This week, 149 plans from 43 providers were analyzed in the CenterPoint Energy Electric Price Index.
  • For the fourth straight week, six-month plans are priced at a similar level as one-year plans.  Including the 40 cent decrease over the last week, six-month rates now cost $95 a month on average.  This price is nearly $8 lower per month than it was in April, 2011. 
  • The average price of one-year plans rose 50 cents this week, but they are still $7 less expensive that in April of 2011.  As with six-month plans, one-year plans currently cost an average of $95 a month.
  • Two-year plans followed a similar trend as one-year plans, with their average price rising 70 cents.  The current price of $103 for two-year plans makes them $3 cheaper than in April of 2011.
  • The "Green Premium", or the amount “extra” you pay for 100 percent renewable energy, decreased for all plan types this week.  Additionally, for two-year plans, the "reverse" Green Premium that was observed in February and March of this year has returned.  Currently, the average monthly prices for 100% renewable two-year plans are 20 cents less expensive than standard two-year plans.
User-added image

News & Insights

Electric price trends for August
Rates dropping as summer nears its end

Moving to an apartment complex?
You have electric choices!

Analyzing your home or apartment's usage
myTrueCost.com offers daily or weekly reports

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


Electric Price Trends

Track the latest price trends and market conditions.

Learn More

Current Poll