Posted by Shane McLaughlin
on 07/27/2012 at 5:43 PM
Have you heard more people talking about electric rates this year? It's likely because a lot more people have switched this year than at the same time in 2011.
The chart below shows how many people switch per week. It's a little jagged, so a four-week moving average
is added to make it easier to see trends.
We also should note that a "switch," as ERCOT
counts it, is when a customer changes electric companies but stays in the same residence. They don't count people who change companies when they moved.
You can see that 2012 has been an interesting year. It looks like 35,000 Texans made a New Year's resolution to find a new electric company. When summer started, the switching really heated up, crossing 25,000 for three straight weeks.
To make it easier to compare, this chart shows 2012 vs. 2011. After a brief spike at the beginning of the summer, switching has averaged about 5,000 people per week higher than last year.
Like your mom always said, just because everyone else is doing it doesn't mean that you should. But in this case, it can't hurt to check available offers
to see if it makes sense for you to join the half million Texans who've switched this year.
If you're in the group who already switched, please use our comments below to let people know what motivated you to make the switch.