Power to Choose Elect Price | AEP Central Texas April 2021

April 2021: What is the electricity market trend for the AEP Central delivery area?

Our team at EnergySavings.com is capturing daily snapshots of electricity plans from the Power to Choose website. Data collected* is analyzed monthly to give you an understanding of the offers available and the market trends. Grouping the most common plans by category, we analyze the same plan categories every month to give you an apples-to-apples comparison.

This article is for the AEP Central delivery area only. You can read the posts for the other Transmission & Delivery Utility (TDU) areas in Texas here:

Oncor
AEP North
CenterPoint
TNMP

Our analysis is based on information captured once daily from the Power to Choose website, and rates may vary at any time. We have excluded from our analysis plans that are marked as “Minimum usage fees/credits,” “Time of Use,” and “Prepaid” according to the data captured from Power to Choose.

For more information about delivery areas in Texas, click here.

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AEP Central TDU was, in March, one of the most impacted area in terms of losing REPs (access the full report for last month here). We clearly see the opposite trend in April as the number of players in each category is increasing for the most common products and is at least stable for the 100% green product types. The rates also tend to be stabilizing…

AEP Central Delivery Area – April 2021: Rates and Trends for Most Common Plans1

Fixed Rate (cents/kWh)
12mo Plans
Fixed Rate (cents/kWh)
24mo Plans
Variable Rate (cents/kWh)
AprMar%AprMar%AprMar%
Lowest $9.1 $8.92% $8.7 $8.70% $8.0 $10.4-23%
Highest $12.1 $12.10% $11.3 $11.30% $16.9 $16.90%
Average $9.9 $10.0-1% $9.7 $9.70% $10.6 $11.7-10%
Number of REPs302711%26248%12933%

1Trends compare in percentage the rate of the previous month for the same category of products. This table compares the lowest price offered by each REP that offered the respective type of plan in each month. The “Highest” row above compares the highest of the lowest price offered by a REP.

 The number of REPs in these 3 categories globally increased:

The following REPs started to show offers in April for at least one pf the above plan categories:  FIRST CHOICE POWER, CPL RETAIL ENERGY, DIRECT ENERGY, TRIEAGLE ENERGY LP.  Only one REP was no longer showing offers of the above types during the same month: TEXPO ENERGY. However, they did offer other plans on Power to Choose during this period.

Regarding the rates, the market seems to be gaining some stability. Only the Variable rate category is showing a significant decrease (-23% for the lowest rate, -10% for the average). Having new players in this last category offering competitive rates explains this trend.

AEP Central Delivery Area – April 2021: Rates and Trends for Most Common 100% Green Plans1

100 % Green, Fixed Rate (cents/kWh)
12mo Plans
100 % Green, Fixed Rate (cents/kWh)
24mo Plans
100 % Green, Variable Rate (cents/kWh)
AprMar%AprMar%AprMar%
Lowest $9.1 $9.10% $8.9 $8.90% $9.6 $10.5-9%
Highest $14.2 $14.20% $10.5 $11.7-10% $17.1 $17.10%
Average $10.7 $10.8-1% $9.9 $10.1-3% $13.7 $13.9-1%
Number of REPs990%770%330%

1Trends compare in percentage the rate of the previous month for the same category of products. This table compares the lowest price offered by each REP that offered the respective type of plan in each month. The “Highest” row above compares the highest of the lowest price offered by a REP.

The 100% green plans category is also gaining some stability. No variation at all in terms of number of REPs. Regarding the lowest rates, the 9% decrease in the variable rate category is explained by INFUSE ENERGY LLC which decreased its rate. The 10 % decrease in the highest rate of the 24mo fixed rate plan category is explained by GREEN MOUNTAIN ENERGY decreasing the price between the 2 months.

AEP Central Delivery Area – April 21: List of Lowest Reported EFL Price for an estimated 2000 kWh’s*

Lowest Electricity Prices in Corpus Christi, Texas (or AEP Central TDU area): 12mo- Fixed Rate Plans
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
FIRST CHOICE POWER9.1
FRONTIER UTILITIES9.1
CPL RETAIL ENERGY9.2
DIRECT ENERGY9.2
HERITAGE POWER LLC9.2
SPARK ENERGY LLC9.2
WINDROSE ENERGY9.2
INFUSE ENERGY LLC9.3
SOUTHWEST POWER & LIGHT9.3
YEP9.3
POWERNEXT9.5
EXPRESS ENERGY9.6
SUMMER ENERGY LLC9.8
V247 POWER CORPORATION9.8
4CHANGE ENERGY9.9
DISCOUNT POWER9.9
CIRRO ENERGY10.0
THINK ENERGY10.0
VETERAN ENERGY10.0
AMIGO ENERGY10.1
JUST ENERGY10.1
TARA ENERGY10.1
RELIANT10.4
AP GAS & ELECTRIC (TX) LLC10.5
TRIEAGLE ENERGY LP10.5
CHAMPION ENERGY SERVICES LLC10.6
SOUTHERN FEDERAL POWER LLC10.7
CONSTELLATION NEWENERGY INC10.8
TXU ENERGY10.9
AMBIT ENERGY12.1

FIRST CHOICE POWER and FRONTIER UTILITIES tied for the lowest price while AMIBIT ENERGY offered the highest price in this category. Most of these REPs kept the same price all month. Only 37% changed it and there is no global trend to underline here as 6 decreased it while 5 of them increased it.

Lowest Electricity Prices in Corpus Christi, Texas (or AEP Central TDU area): 24mo- Fixed Rate Plans
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
FIRST CHOICE POWER8.7
CPL RETAIL ENERGY8.9
DIRECT ENERGY8.9
FRONTIER UTILITIES8.9
HERITAGE POWER LLC9.0
INFUSE ENERGY LLC9.1
WINDROSE ENERGY9.2
SOUTHWEST POWER & LIGHT9.4
YEP9.4
EXPRESS ENERGY9.5
SOUTHERN FEDERAL POWER LLC9.5
SUMMER ENERGY LLC9.7
THINK ENERGY9.8
V247 POWER CORPORATION9.8
4CHANGE ENERGY9.9
CHAMPION ENERGY SERVICES LLC9.9
VETERAN ENERGY10.0
AMIGO ENERGY10.1
DISCOUNT POWER10.1
JUST ENERGY10.1
TARA ENERGY10.1
RELIANT10.2
AP GAS & ELECTRIC (TX) LLC10.3
TRIEAGLE ENERGY LP10.5
TXU ENERGY10.9
CIRRO ENERGY11.3

FIRST CHOICE POWER held the lowest price spot in this category. CIRRO ENERGY, on the other hand, offered the highest price. Only 23% of them applied a change to their prices within the month. The majority (4 over 6) increased it.

Lowest Electricity Prices in Corpus Christi, Texas (or AEP Central TDU area): Variable Rate Plans
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
SOUTHERN FEDERAL POWER LLC8.0
CPL RETAIL ENERGY8.9
DIRECT ENERGY8.9
FIRST CHOICE POWER8.9
INFUSE ENERGY LLC9.5
SOUTHWEST POWER & LIGHT10.2
YEP10.2
RELIANT10.4
TEXPO ENERGY10.4
NEC CO-OP ENERGY12.0
TXU ENERGY12.5
AMBIT ENERGY16.9

SOUTHERN FEDERAL POWER had the lowest price spot while AMBIT ENERGY had the highest price spot for variable plans in April. Seven of those REPs (representing 58%) changed their price and they all followed the same trend as they decreased it.

Lowest Electricity Prices in Corpus Christi, Texas (or AEP Central TDU area): 100% Green 12mo-Fixed Rate Plans
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
GEXA ENERGY9.1
CLEANSKY ENERGY9.5
4CHANGE ENERGY10.1
IBERDROLA TEXAS10.4
RHYTHM10.5
AP GAS & ELECTRIC (TX) LLC10.7
GREEN MOUNTAIN ENERGY COMPANY10.7
TRIEAGLE ENERGY LP11.0
TXU ENERGY14.2

GEXA ENERGY offered the lowest price and TXU ENERGY offered the highest price in this category. Only 3 of the REPs in this table applied a change in their price during April 2021. CLEANSKY ENERGY decreased their price while GEXA ENERGY and RHYTHM increased it.

Lowest Electricity Prices in Corpus Christi, Texas (or AEP Central TDU area): 100% Green 24mo-Fixed Rate Plan
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
GEXA ENERGY8.9
CLEANSKY ENERGY9.1
IBERDROLA TEXAS9.7
4CHANGE ENERGY10.1
RHYTHM10.4
AP GAS & ELECTRIC (TX) LLC10.5
GREEN MOUNTAIN ENERGY COMPANY10.5

Similar to the previous category, GEXA ENERGY holds the lowest electricity rate spot for the 100% green 24-month fixed rate product. GREEN MOUNTAIN ENERGY COMPANY and AP GAS & ELECTRIC (TX) LLC offered the highest rate. These REPs changed their rates this month: GEXA ENERGY (increase), CLEANSKY ENERGY (decrease) and RHYTHM (increase.)

Lowest Electricity Prices in Corpus Christi, Texas (or AEP Central TDU area): 100% Green Variable Rate Plan
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
INFUSE ENERGY LLC9.6
GREEN MOUNTAIN ENERGY COMPANY14.4
AMBIT ENERGY17.1

INFUSE ENERGY LLC offered the lowest price in this category and further changed their rate during the month by decreasing it. AMBIT ENERGY offered the highest price.

* Data obtained from powertochoose.org (Power to Choose) for the days from 4/1/2021 to 4/30/2021. The tables above list the lowest price in cents/kWh offered by each retail electricity provider (REP) for a given type of plan for a monthly usage of 2000 kWh. If more than one product was available from the same REP for a given type of plan, EnergySavings.com only included the one with the lowest rate in its analysis. Please note that as products and rates may change at any time in the day on Power to Choose, EnergySavings.com’s analysis is based on information captured in its single daily snapshot, and therefore cannot guarantee that every product and rate made available in the month has been captured. Please reach out to [email protected] if you feel that any meaningful data has not been captured and EnergySavings.com may, at its sole discretion, issue a correction to the report. The analysis is performed by excluding plans that are marked as “Minimum usage fees/credits”, “Time of Use”, and “Prepaid” according to the data captured from Power to Choose. For more information about the electricity plans mentioned in this report, please consult both the Electricity Fact Label (EFL) and Terms of Service (TOS) for those plans. Those documents are available on the Power to Choose site if the plan is still currently offered. The rates listed may differ if the REP has changed its pricing.