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Old 05-29-2011, 12:38 PM
 
12,673 posts, read 12,847,791 times
Reputation: 2503
Default Help me choose an electric company

Pennywise Power at 9.1 Kwh :

Base Charge: $0 if monthly usage is 1000 kWh or more; for lower monthly usage, a $9.95/month charge is applied. TDSP Pass Thru Charges: $7.21 per month and 3.2 per kWh. Passed through without markup.

Discount Power at 9.1 Kwh :





Average price 9.1 per kWh, based on 1000 kWh*, includes the following:
  • Energy charge
  • CenterPoint Energy Delivery Charges are passed through without mark-up (which make up the remaining part of the Average Price in the State of Texas) (Your average may vary). Please refer to the EFL for details.
  • Base charge per month: $6.95
  • Monthly CenterPoint “Advance Meter Charge”: $3.24
Texas Power at 9.14 Kwh :


Advanced Meter Surcharge of $3.05 is included in the above price.
Energy efficient cost recovery factor of $0.38.

[SIZE=2][SIZE=2][LEFT]Only applied when monthly usage is under 1000 kWh. The price
per kWh is calculated by multiplying the price per kilowatt hour[/LEFT]
by the kWh used. That result is added to the $10 meter fee
[/SIZE]
[/SIZE]
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Old 05-29-2011, 12:47 PM
 
12,673 posts, read 12,847,791 times
Reputation: 2503
Would you go variable right now at 5.4 kwh?
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Old 05-29-2011, 01:32 PM
 
4,151 posts, read 5,566,931 times
Reputation: 2899
I went with Potentia Energy with a 12 month lock in for 8.7 cents per kWh 2 months ago. Just go with the cheapest you can find for what you need.
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Old 05-29-2011, 04:46 PM
 
12,673 posts, read 12,847,791 times
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Quote:
Originally Posted by danieloneil01 View Post
I went with Potentia Energy with a 12 month lock in for 8.7 cents per kWh 2 months ago. Just go with the cheapest you can find for what you need.
No one has 8.7 right now for 12 months?

Do you think 12 months would be a good decision also to lock in?
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Old 05-29-2011, 05:34 PM
NTT
 
Location: Houston
648 posts, read 842,378 times
Reputation: 483
Quote:
Originally Posted by Texas User View Post
No one has 8.7 right now for 12 months?

Do you think 12 months would be a good decision also to lock in?
I wouldn't lock in for 12 months. By this time next year, you'd be still looking at similar spring/summer rates. It's best to lock in 12/24 months during the winter season. Normally, that's when the rates are at the lowest.

If there's a 6-month or 9-month rate, you may chose one of these. By the time this contract is over, you'd be in the winter season where the rates are lower.
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Old 05-30-2011, 12:26 AM
 
637 posts, read 629,367 times
Reputation: 710
Wow...that is really expensive electricity. Can someone share what a typical July/August electric bill is when A/C usage is highest? Does Texas offer incentives to installing solar?
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Old 05-30-2011, 01:08 AM
 
12,673 posts, read 12,847,791 times
Reputation: 2503
Quote:
Originally Posted by NTT View Post
I wouldn't lock in for 12 months. By this time next year, you'd be still looking at similar spring/summer rates. It's best to lock in 12/24 months during the winter season. Normally, that's when the rates are at the lowest.

If there's a 6-month or 9-month rate, you may chose one of these. By the time this contract is over, you'd be in the winter season where the rates are lower.
Reliant has a 6 month for 9.0.

What about variable?
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Old 05-30-2011, 01:10 AM
 
12,673 posts, read 12,847,791 times
Reputation: 2503
Quote:
Originally Posted by vegankris View Post
Wow...that is really expensive electricity. Can someone share what a typical July/August electric bill is when A/C usage is highest? Does Texas offer incentives to installing solar?
Compare to other states yes but everything else is a lot cheaper in Houston.
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Old 05-30-2011, 08:34 AM
 
Location: Where nothing ever grows. No rain or rivers flow, Texas
1,085 posts, read 401,076 times
Reputation: 468
Quote:
Originally Posted by Texas User View Post
Compare to other states yes but everything else is a lot cheaper in Houston.
the highway toll is 35 cents in NJ
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Old 05-30-2011, 08:39 AM
 
Location: Knoxville, TN
65 posts, read 68,128 times
Reputation: 79
I currently live in Southeast Tennessee and my KwH charge is more, it is about 12cents per, but I don't use as much here due to the climate difference.
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