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Weekly Electric Price Index Update
Fixed prices stabilize
Posted by Bobby Dornbos + on 04/26/2012 at 9:44 PM
This week, 142 plans from 43 providers were analyzed in the CenterPoint Energy Electric Price Index.
- For the fifth straight week, six-month plans are priced at a similar level as one-year plans. At a current average monthly cost of $96, six-month plans are $7 less expensive than this time last year.
- Similarly, the average price of one-year plans is also $7 less expensive that in April of 2011, costing an average of $96 a month at this time, one-year plans were the only contract type to decrease this week (50 cents).
- Two-year plans remained at an average monthly price of $103, which is $3 cheaper than in April of 2011.
- The "Green Premium," or the amount “extra” you pay for 100 percent renewable energy, rose the most for one-year plans, by a margin of 87 cents. Currently, 100 percent renewable one-year plans are $7 more expensive than standard one-year plans, on average.