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September 2021: What is the Electricity Market Trend for the AEP Central Delivery Area?

Our team at EnergySavings.com has been capturing daily snapshots of electricity plans from the Power to Choose website. Data collected* are 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.

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TRENDS: SEPTEMBER vs AUGUST

AEP Central Delivery Area – September 2021: Rates and Trends for Most Common Plans (non-green):1

Fixed Rate (cents/kWh)
12mo Plans
Variable Rate (cents/kWh)
August September Trends August September Trends
Lowest 9.8 9.8 0% 9.6 10.8 13%
Highest 13.8 15.9 15% 17.4 18.3 5%
Average 11.5 11.8 3% 12.1 12.5 3%
Number of REPs 32 33 3% 10 10 0%

 1Trends show the percentage change in the rate from 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 shows the highest price among all the lowest price plans offered by REPs offering that type of plan in this region for each month.

First of all, the only change in the number of providers happened in the first category: ELIGO ENERGY TX LLC has joined the group of REPs who offered a 12 month fixed rate plan on the Power to Choose website in September. They were offering other plans before with different contract lengths.

Secondly, looking at the trend, this delivery area is also impacted by an increasing market. The 12 month fixed rate plan category increased in price: +15% for the highest rate and +3% for the average. The variable rate category also saw an increase: +13% for the lowest price, +5% for the highest and +3% for the average.

AEP Central Delivery Area – September 2021: Rates and Trends for Most Common 100% Green Plans:1

100 % green, Fixed Rate (cents/kWh)
12mo Plans
100 % green, Variable Rate (cents/kWh)
August September Trends August September Trends
Lowest 10.6 10.6 0% 13.3 13.0 -2%
Highest 13.0 13.9 7% 17.6 18.5 5%
Average 11.7 11.8 1% 15.3 15.7 2%
Number of REPs 10 10 0% 3 3 0%

1Trends show the percentage change in the rate from 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 shows the highest price among all the lowest price plans offered by REPs offering that type of plan in this region for each month.

Looking at the 100% green products, the number of players is the same, but we captured some changes in the first category (100% green, 12 month fixed rate plans): CHARIOT ENERGY and MP2 ENERGY TEXAS LLC are now showing offers here (welcome back on the Power to Choose website CHARIOT ENERGY!) On the other hand, PULSE POWER LLC and ENERGY TO GO stopped offering plans here.

Regarding trends, we captured some increases but they are not as impactful for the market; only an increase of 1% on average for the first category and +2 % for the second one.

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LIST OF ENERGY PROVIDERS/ PRICES

AEP Central Delivery Area – September 2021: List of Lowest Reported EFL Prices for an estimated 1000 kWh’s*

September 2021: Lowest Electricity Prices in Corpus Christi, Texas (or AEP Central TDU area): Non-100% Green 12 month Fixed Rate Plans:
(lowest to highest rate)

Energy Providers Rate for 1000 kWh (¢/kWh)
EXPRESS ENERGY 9.8
THINK ENERGY 10.2
FRONTIER UTILITIES 10.4
SPARK ENERGY LLC 10.5
ELIGO ENERGY TX LLC 10.6
4CHANGE ENERGY 10.7
VETERAN ENERGY 10.8
WINDROSE ENERGY 10.9
SOUTHWEST POWER & LIGHT 11.1
SUMMER ENERGY LLC 11.1
YEP 11.1
POWERNEXT 11.3
DISCOUNT POWER 11.6
CIRRO ENERGY 11.7
PESO POWER 11.7
TRIEAGLE ENERGY LP 11.7
AMIGO ENERGY 11.9
INFUSE ENERGY LLC 11.9
JUST ENERGY 11.9
SOUTHERN FEDERAL POWER LLC 11.9
TARA ENERGY 11.9
RANCHERO POWER 12.1
CHAMPION ENERGY SERVICES LLC 12.2
DIRECT ENERGY 12.2
FIRST CHOICE POWER 12.2
V247 POWER CORPORATION 12.2
CPL RETAIL ENERGY 12.5
PULSE POWER LLC 12.5
RELIANT 12.5
CONSTELLATION NEWENERGY INC 13.0
ENERGY TO GO 13.1
TXU ENERGY 14.2
AMBIT ENERGY 15.9

EXPRESS ENERGY had the lowest price while AMBIT ENERGY offered the highest price in this category. 73% of these providers changed their prices and we can deduce a general trend as 22 increased it while only 2 did the opposite: ELIGO ENERGY TX LLC and INFUSE ENERGY LLC.

September 2021: Lowest Electricity Prices in Corpus Christi, Texas (or AEP Central TDU area): Non-100% Green Variable Rate Plans:
(lowest to highest rate)

Energy Providers Rate for 1000 kWh (¢/kWh)
RANCHERO POWER 10.8
SOUTHERN FEDERAL POWER LLC 10.8
SOUTHWEST POWER & LIGHT 10.9
YEP 10.9
TEXPO ENERGY 11.1
RELIANT 11.5
INFUSE ENERGY LLC 12.9
NEC CO-OP ENERGY 12.9
TXU ENERGY 15.2
AMBIT ENERGY 18.3

SOUTHERN FEDERAL POWER and RANCHERO POWER held the lowest price spot while AMBIT ENERGY held the highest price spot in September. Seven out of ten of those REPs changed their prices and we can’t draw a common trend as 4 increased their rate and 3 decreased it.

September 2021: Lowest Electricity Prices in Corpus Christi, Texas (or AEP Central TDU area): 100% Green 12mo-Fixed Rate Plans:
(lowest to highest rate)

Energy Providers Rate for 1000 kWh (¢/kWh)
GEXA ENERGY 10.6
OCTOPUS ENERGY 11.0
4CHANGE ENERGY 11.2
MP2 ENERGY TEXAS LLC 11.2
CLEANSKY ENERGY 11.3
RHYTHM 11.5
TRIEAGLE ENERGY LP 12.2
AMPRA ENERGY 12.3
GREEN MOUNTAIN ENERGY COMPANY 12.5
CHARIOT ENERGY 13.9

GEXA ENERGY showed the lowest price and CHARIOT ENERGY offered the highest price in this category. Eight providers (80%) increased their price within the month of September. On the contrary, AMPA ENERGY and CHARIOT ENERGY did not change it at all.

September 2021: Lowest Electricity Prices in Corpus Christi, Texas (or AEP Central TDU area): 100% Green Variable Rate Plans:
(lowest to highest rate)

Energy Providers Rate for 1000 kWh (¢/kWh)
INFUSE ENERGY LLC 13.0
GREEN MOUNTAIN ENERGY COMPANY 15.5
AMBIT ENERGY 18.5

Only AMBIT ENERGY did not change their rates during the month. INFUSE ENERGY LLC decreased it and GREEN MOUNTAIN ENERGY COMPANY increased it.

* Data obtained from powertochoose.org (Power to Choose) for the days from 9/1/2021 to 9/30/2021. 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 1000 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.