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 lowerper 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.
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.