Six-month and one-year plans are priced very similarly, as they were this time last week, and last year. Both plan types could be purchased for $103 per month in March of 2011; today the average price is $96 per month.
The price of six-month plans rose less than $1 last week, following the steady increase that has been evident thus far in 2012. On the other hand, the average price of six-month plans have fallen by more than any another plan type over the last year. The average six-month plan price is currently $7 less expensive per month than it was in March, 2011.
The average price of one-year plans stayed very close to last week’s price, which makes them $2 a month cheaper than in February and $7 per-month cheaper than a year ago.
The average price of two-year plans essentially remained unchanged last week, falling a meager 30 cents. They are $4 lower than this time last year.
The Green Premium, or the amount “extra” you pay for 100 percent renewable energy, increased across all plan types shown in the Index. Six-month and one-year 100 percent renewable plans are currently $4 and $6 more expensive than the standard average prices for these contract lengths, respectively.
However, the average price of two-year renewable plans are essentially the same as two-year non-renewable plans. As the dark green line on the chart below shows, the average price of all-renewable, two-year fixed-rate plans is only 29 cents higher than standard, two-year plans.
CenterPoint Intelligent Energy Solutions LLC, IES, which manages TrueCost, is not the same legal entity as CenterPoint Energy Resources Corp. (CERC) or CenterPoint Energy Houston Electric, LLC (CEHE), nor is IES regulated by the Railroad Commission of Texas or the Public Utility Commission of Texas. You do not have to buy products or services from IES in order to continue to receive quality regulated services from CERC or CEHE.