Power to Choose Elect Price | Centerpoint Texas April 2021

April 2021: What is the electricity market trend for the CenterPoint 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 CenterPoint delivery area only. You can read the posts for the other Transmission & Delivery Utility (TDU) areas in Texas here:

Oncor
AEP Central
AEP North
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.

For more information about Power to Choose and its role, consult this page.

Haven’t decided yet which category of plans best fits your needs? Consult our FAQ section.

Last month’s report for this TDU was showing significant loss of REPs in every category we are comparing below (from 16% to 40%). We can underline more stable trends in this report. Let’s see in detail how March and April are comparing with each other …
Full trend for February and March here.

CenterPoint 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 8.7 8.61% 8.2 $8.20% 7.7 10.2-25%
Highest12.1 12.10% 10.5 $10.41% 16.5 16.50%
Average 9.5 9.50% 9.3 $9.31% 10.7 11.8-9%
Number of REPs2829-3%25250%11922%

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 two fixed rate plan categories follow the same trend:

A common slight increase in their rates, the lowest one by 1% for the first category and the highest one by 1% also for the second category. In general, the average rate remained stable.

Concerning the variable rate category, we see a decrease in the lowest rate by 25% and a decrease of 9% in the average.

Looking at the number of REPs, there is some movement in these categories, but we cannot conclude there is a common trend in this TDU.

For the 12mo fixed rate, the 3% decrease is partially explained by 2 REPs joining the party in April: DIRECT ENERGY and FIRST CHOICE POWER. Those 2 REPs offer low rates in this category (see tables below to see all rates / REPs in April). This variation is also explained by 3 REPs that are not showing anymore offers in this category VARSITY ENERGY LLC, TEXPO ENERGY and GRIDPLUS ENERGY.

Despite the number of REPs remaining the same for the 24mo fixed rate plans, there is some REP movement: DIRECT ENERGY and TRIEAGLE ENERGY LP started offering such a plan while TEXPO ENERGY and GRIDPLUS ENERGY stopped.

Concerning the variable rate one, DIRECT ENERGY and FIRST CHOICE POWER also started to offer these plans in April. They offered low rates compared to most of the other electricity providers.

CenterPoint 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 8.7 8.9-2% 8.7 8.70% 11.6 11.51%
Highest 14.1 14.10% 10.6 11.7-9% 16.7 16.70%
Average 10.4 10.31% 9.8 9.9-1% 14.1 14.10%
Number of REPs1011-9%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.

Between March and April, the number of REPs showing offers on the Power to Choose website decreased in one category of the 100% green table above: VARSITY ENERGY LLC is no longer showing offers in this latest month, explaining the 9% decrease in the number of REPs for the 12mo fixed rate electricity plans.

Concerning the rates, there is no big variation here. The 2% decrease of the lowest rate in the first category is explained by GEXA ENERGY decreasing slightly their electricity rates between those 2 months. Regarding the 24mo fixed rate plans, the highest rate decreased by 9%: GREEN MOUNTAIN ENERGY COMPANY is the REP that applied a change and lowered its price in April.

CenterPoint Delivery Area – April 2021: List of Lowest Reported EFL Price for an estimated 2000 kWh’s*

Lowest Electricity Prices in Houston, Texas (or CenterPoint TDU area): 12mo- Fixed Rate Plans
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
FIRST CHOICE POWER8.7
FRONTIER UTILITIES8.7
HERITAGE POWER LLC8.7
DIRECT ENERGY8.8
SPARK ENERGY LLC8.8
V247 POWER CORPORATION8.8
WINDROSE ENERGY8.9
DISCOUNT POWER9.0
SOUTHWEST POWER & LIGHT9.0
THINK ENERGY9.0
YEP9.0
POWERNEXT9.1
CIRRO ENERGY9.2
INFUSE ENERGY LLC9.2
SUMMER ENERGY LLC9.3
EXPRESS ENERGY9.4
SOUTHERN FEDERAL POWER LLC9.4
4CHANGE ENERGY9.5
VETERAN ENERGY9.6
AMIGO ENERGY9.7
JUST ENERGY9.7
TARA ENERGY9.7
RELIANT10.0
CHAMPION ENERGY SERVICES LLC10.3
AP GAS & ELECTRIC (TX) LLC10.7
TRIEAGLE ENERGY LP10.9
TXU ENERGY10.9
AMBIT ENERGY12.1

 

FIRST CHOICE POWER, FRONTIER UTILITIES and HERITAGE POWER LLC held the lowest price spot and AMBIT ENERGY offered the highest rate in this plan category in April. Most of the electricity providers in this list kept their price stable as only 39% changed it. Among the minority that varied their prices, there is no common trend as 5 decreased it, another 5 increased it and one REP, V247 POWER CORPORATION, decreased their price then brought it back to the same price towards the end of the month.

 

Lowest Electricity Prices in Houston, Texas (or CenterPoint TDU area): 24mo- Fixed Rate Plans
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
FIRST CHOICE POWER8.2
DIRECT ENERGY8.6
HERITAGE POWER LLC8.6
FRONTIER UTILITIES8.7
V247 POWER CORPORATION8.7
WINDROSE ENERGY8.7
SOUTHWEST POWER & LIGHT8.8
YEP8.8
INFUSE ENERGY LLC8.9
SOUTHERN FEDERAL POWER LLC9.1
THINK ENERGY9.2
EXPRESS ENERGY9.3
SUMMER ENERGY LLC9.3
4CHANGE ENERGY9.4
VETERAN ENERGY9.5
CHAMPION ENERGY SERVICES LLC9.6
AMIGO ENERGY9.7
DISCOUNT POWER9.7
JUST ENERGY9.7
TARA ENERGY9.7
RELIANT9.9
CIRRO ENERGY10.3
AP GAS & ELECTRIC (TX) LLC10.4
TXU ENERGY10.4
TRIEAGLE ENERGY LP10.5

 

FIRST CHOICE POWER had the lowest rate spot for this type of plan, while TRIEAGLE ENERGY LP had the highest price spot. Similar to the previous table, most of the REP’s kept their price stable as only 36% of them changed it. Again, no global trend here as 4 of them decreased it, another 4 increased it and V247 POWER CORPORATION decreased their price and then changed it back to the same price as the start of April by the end of the month.

 

Lowest Electricity Prices in Houston, Texas (or CenterPoint TDU area): Variable Rate Plans
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
SOUTHERN FEDERAL POWER LLC7.7
DIRECT ENERGY8.3
FIRST CHOICE POWER8.3
RELIANT10.0
SOUTHWEST POWER & LIGHT10.5
YEP10.5
TEXPO ENERGY10.7
INFUSE ENERGY LLC11.5
NEC CO-OP ENERGY11.5
TXU ENERGY12.5
AMBIT ENERGY16.5

 

SOUTHERN FEDERAL POWER LLC offered the lowest price this month while AMBIT ENERGY offered the highest price. 64% of those REPs changes their rates, among them 6 decreased it and only one (INFUSE ENERGY LLC) increased it.

 

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
GEXA ENERGY8.7
CLEANSKY ENERGY9.3
MP2 ENERGY TEXAS LLC9.3
GREEN MOUNTAIN ENERGY COMPANY9.6
4CHANGE ENERGY9.7
IBERDROLA TEXAS10.0
RHYTHM10.6
AP GAS & ELECTRIC (TX) LLC10.8
TRIEAGLE ENERGY LP11.4
TXU ENERGY14.1

 

GEXA ENERGY had the lowest electricity rate spot while TXU ENERGY had the highest price spot in the above table. About 90% of those REPs changed their price, and they all increased it.

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
GEXA ENERGY8.7
CLEANSKY ENERGY9.3
MP2 ENERGY TEXAS LLC9.3
IBERDROLA TEXAS9.5
RHYTHM10.4
GREEN MOUNTAIN ENERGY COMPANY10.5
AP GAS & ELECTRIC (TX) LLC10.6

 

This category of plans was also quite stable during April as only 1 of them changed their rate: CLEANSKY ENERGY (increase). GEXA ENERGY offered the lowest price in this category and AP GAS & ELECTRIC (TX) LLC offered the highest rate.

 

Lowest Electricity Prices in Houston, Texas (or CenterPoint TDU area): 100% Green Variable Rate Plan
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
INFUSE ENERGY LLC11.6
GREEN MOUNTAIN ENERGY COMPANY14.1
AMBIT ENERGY16.7

 

Again, only 1 REP increased its rate during the month in this table: INFUSE ENERGY LLC. This electricity provider was also offering the lowest rate while AMBIT ENERGY was offering the highest one.

* 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.