like 4k for 14 windows. We noticed it by not having to turn the ac that often. The owner came to our house personally and was showing me his bodybuilding pics in my diner. lol
I've been bouncing around from provider to provider on cheaper introductory 3-6 month plans. It's a hassle but rates have gotten pretty low recently so might sign up for a longer term plan.
So rates look more reasonable now right? Here’s a 3 year plan at about 11 cents even at 2000 kWh. https://truepowerefl.com/eflportal/efl/view/CenterPoint */160
Last July, I found a rate of 10.3/kWh. Thought that was pretty low and locked it in for 3 years, not thinking I could do much better. Of course now, I find a rate for 6.45. My early termination fee is $20/month left on contract. That would be for around $520 in order to switch now. But based on my historical usage, I would probably save around $1,300 over the next 12 months with the new rate. Seems like a no-brainer to switch now, but thought I'd check with the CF experts first?
The lowest rate I'm seeing on Power to Choose is 8.5 and that's for introductory 3 month plans. Longer term plans are higher than your 10.3 rate. Where did you see 6.45 and was it for a longer term plan?
Well, the "total" rate is 10.5. The "energy" rate is 6.45. I guess one includes the transmission charges and one doesn't. It's from True Power and the contract length is 13 months. I'm working with a 3rd party (Texas Power Agents) and they are recommending that I switch.
Dang those 3 month contracts look great compared to what I got stuck with before. I may have to switch over but I'll incur a $300 cancellation fee. But, my old rate is 13.7 cents and the new one would be 7.7 cents (average prices per 1000 kWh). I know there are other charges per kWh. But, by my calculations, I think I'll save $180 in those 3 months alone. Then, I just have to stay on top of it and keep switching to 3 month plans. Is that a good plan? I think so.
Heads up for folks that live in the CenterPoint utility territory around Houston. A rate hike for delivery charges was approved for Sep 1 that will take that portion of everyone's bills from 3.8 cents/kwh to 5.7 cents/kwh, a 1.9 cent/kwh increase. So, if you used 2,000 kwh in August (which might be conservative given the weather), your Sep bill will be higher by $39. For the average SFH, it should run about $300/year. This is not the part of your electric service that is open to competition; this is the utility monopoly that delivers electricity. Your contract with a REP prevents them from increasing the energy charge rate, but does not protect you from changes in the delivery charges from CenterPoint. So there is no avoiding this rate hike. The rate increase is to raise $178 million to pay for mobile power generators in a program called TEEEF, which was allowed in new legislation after the winter storm. The idea is they can be deployed to impacted areas in a disaster. Who knows, maybe it'll save some lives.
These electric bills are worth getting out of texas. And people, please get your cellulose insulation, radiant barriers and double pane windows. Heat is only going to get worse.
Man, if Solar would just get a bit cheaper it could really take off, I would love for my entire roof to be covered in Solar Shingles.... DD
I remember driving thru Louisiana 7 years ago and they all had solar. Drove there last year and I guess the hurricane took them off.
Man. Looking through my Sister in Law's bill and this is rediculous This is basically robbery The general Texan IMO will see no benefit in this Adding basically 4 cents per KW to every bill I went to power to choose and man the options are meek I see some companies just build in a credit/discount of like 150 $ but your bill will still be 300 . .. . but beats the 450 Also . .. Is "Balanced Billing" just a f*cking scam? Rocket River
1. People want 100% reliability but don't want to pay for it. Probably the mobil gen isn't worth it but normal metrics. But they might save a life someday. 2. I would avoid the ones with credits. It's possible to get a good price that way, but it just obfuscates the true price. 3. Naw, balanced billing isn't a scam. I think the regulators in just about every state requires there be a balanced billing product available. Energy costs vary a lot through the year and some households really can't manage that volatility.
