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Highways are filled with billboards urging you to “lock in your electric plan now!” and others promising great rates. But you wouldn’t consult a billboard to decide to refinance a mortgage, buy bonds or sell stock; you would do research, consult market indexes or perhaps ask a trusted adviser.
And that’s where CenterPoint Energy comes in. While we don’t sell electricity, we have our finger on the pulse of the electric market.
The CenterPoint Energy Electric Price Index analyzes a broad range of plans available to Texas consumers who have retail choice. We've grouped common plan lengths like six-month, one-year and two-year plans together into Indexes so you can track price movements.
Besides being featured here on TrueCost, the Houston version of our Index runs in the Houston Chronicle business section each Sunday.
So when you see the billboard advertising low prices, be sure to check the fine print. There are likely to be extra fees included in your monthly bill that impact the per-kilowatt-hour price you ultimately pay.