Texas: First Choice Power

August 9, 2009 - 09:40 am
NEWS FEED: Bay Area Houston

Power Watch: Electricity rates for August 2009

Rates are lower than they were a year ago, but deregulation is still not working, it is still a scam. From August 2008:
Reliant Energy, the Goliath of David and Goliath in energy providers, is leading the pack this month with a variable rate of 23.5 cents per kWh for electricity while the little known David, YEP, is offering a rate of 13.8 cents. Doesn't seem to make cents, does it?

On the fixed rate scale for August, First Choice Power is charging 21.7 cents for a 12 month contract, while Stream Energy is charging 13.7 cents for a 6 month contract.
YEP is offering the lowest month to month rate at 10.

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.