Texas: First Choice

September 6, 2009 - 09:59 am
NEWS FEED: Bay Area Houston

Power Watch: Elecricity rates for Sept 2009

Rates for September in the Houston area are not much different than last month but continue to be over 25% higher than pre-deregulation. There is an interesting article about how the price has dropped from last year due to the reduction in demand. More on that in another post. For comparison, the City of Houston has a 5 year contract which expires in 2013 with Reliant at a rate of 9 cents.

Check out Citizens of Houston for Affordable and Reliable Group Energy (CHARGE!) on facebook for more information on how the citizens of Houston could benefit from the city's negotiation abilities.

The highest rates
The highest month to month rate is Green Mountain at 13.

July 1, 2009 - 07:34 am
NEWS FEED: Bay Area Houston

Power Watch: Electricity rates for July 2009

Is electricity deregulation finally working? NO! But rates are significantly lower this month than it was one year ago.

The lowest rate for a 12 month contract is by Amigo Energy at 10.7. (might want to check out their reputation) The highest rate is 14.6 by First Choice (ditto). Reliant is at 14.0 and TXU is at 13.5. Last year the rates were much higher:
Consumers can lock into to a relatively "low" rate for an extended term, avoiding any fluctuation in profits. Topping the charts for the highest fixed rates is First Choice Power at 22.8 cents for 12 months, and US Energy Savings Corp has the lowest fixed rate at 16.