Power to Choose | Top Prices | Centerpoint Texas Mar 2021

March 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.

NEW! Our team is now providing a comparison of rates with the previous month. It gives a view to the market trends and underlying variations in the retail electricity industry.

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

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CenterPoint Delivery Area – March 2021: Rates and Trends for Most Common Plans1

Fixed Rate (cents/kWh)
12mo Plans
Fixed Rate (cents/kWh)
24mo Plans
Variable Rate (cents/kWh)
March Feb.%March Feb.%March Feb.%
Lowest8.68.7-1.1%8.28.7-5.7%10.28.125.9%
Highest12.112.9-6.2%10.411.4-8.8%16.517.5-5.7%
Average9.59.9-4.6%9.39.8-5.0%11.810.314.3%
Number of REPs2936-19.4%2530-16.7%911-18.2%

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 an REP.

The two fixed rate plan categories follow the same trends:

A global decrease in their rates: The lowest one by 1.1% and 5.7%, the highest one by 6.2% and 8.8% and the average by 4.6% and 5%.

Concerning the variable rate category, we saw an increase in the lowest rate by 25.9%, (probably explained by the loss of players that were offering lower rates), a small decrease of 5.7% of the highest rate and an increase of 14.3% of the average.

Looking at the number of REPs, we see here the same trend as in the other delivery areas – a global decrease for those categories of plans.

Some of the REPs who previously offered some of the plans in the table above completely stopped showing offers on the Power to Choose website since mid-February, which coincides with the weather crisis: MIDAMERICAN ENERGY SERVICES LLC, ENERGY TO GO, ENTRUST ENERGY INC, ENERGY MONGER LLC, BRILLIANT ENERGY LLC, PULSE POWER LLC, POWER OF TEXAS HOLDINGS INC.

Others changed their offer in March – SPARK ENERGY LLC, VARSITY ENERGY LLC and TRIEAGLE ENERGY LP were no longer offering 24mo-fixed rate plans, but they still offered other contract length fixed rate plans.

FIRST CHOICE POWER no longer offered variable rate plans but still had other plans on the Power to Choose website.

And finally, ELIGO ENERGY TX LLC only offered 3, and 18mo non-100% green fixed rate plans instead of 12 and 24mo-fixed rate plans in February.

We also noticed that some new players started offering some of the above 3 categories of plans: TEXPO ENERGY, FIRST CHOICE POWER and YEP.

CenterPoint Delivery Area – March 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)
March Feb.%March Feb.%March Feb.%
Lowest8.98.90.0%8.79.3-6.5%11.58.240.2%
Highest14.111.621.6%11.711.70.0%16.717.7-5.6%
Average10.310.21.0%9.910.3-3.5%14.111.918.1%
Number of REPs1117-35.3%711-36.4%35-40.0%

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 an REP.

Between February and March, the number of REPs showing offers on the Power to Choose website decreased also for the 100% green product categories. ATG CLEAN ENERGY, BULB, CHARIOT ENERGY, ENERGY TO GO, GREEN ENERGY EXCHANGE, PULSE POWER LLC, and TOMORROW ENERGY CORP are REPs from those 3 categories that were no longer showing offers on the Power to Choose website since mid-February. FRONTIER UTILITIES was no longer offering 100% green plans but were still offering other plans. CLEANSKY ENERGY and TXU ENERGY are two REPs that started to show offers in one of the above 100% green categories in March.

The lowest rate of the 100% green 12mo-fixed rate category did not change. The highest rate increased by 21.6%, and the average slightly increased.

Concerning the 100% green 24mo-fixed rate category, the lowest rate decreased by 6.5%, the highest did not change, and the average decreased by 3.5%.

Looking at the 100% green variable rate category, the lowest rate increased by 40.2% (losing REPs that were offering lower rates may explain this rise), the highest decreased by 5.6%, and the average increased by 18.1%.

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

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
DISCOUNT POWER8.6
SPARK ENERGY LLC8.6
CIRRO ENERGY8.7
HERITAGE POWER LLC8.7
SOUTHWEST POWER & LIGHT8.7
YEP8.8
FRONTIER UTILITIES8.9
V247 POWER CORPORATION8.9
VARSITY ENERGY LLC8.9
WINDROSE ENERGY8.9
GRIDPLUS ENERGY9.0
TEXPO ENERGY9.0
INFUSE ENERGY LLC9.2
POWERNEXT9.2
SUMMER ENERGY LLC9.3
EXPRESS ENERGY9.4
RELIANT9.4
SOUTHERN FEDERAL POWER LLC9.4
4CHANGE ENERGY9.5
VETERAN ENERGY9.6
AMIGO ENERGY9.7
JUST ENERGY9.7
TARA ENERGY9.7
CHAMPION ENERGY SERVICES LLC10.1
THINK ENERGY10.5
AP GAS & ELECTRIC (TX) LLC10.7
TRIEAGLE ENERGY LP10.9
TXU ENERGY10.9
AMBIT ENERGY12.1

 

SPARK ENERGY LLC and DISCOUNT POWER offered the lowest rate and AMBIT ENERGY offered the highest rate in this plan category in March. 59% of the REPs of this table changed their prices within March. Most of them decreased it (13 out of 17).

 

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
FIRST CHOICE POWER8.2
HERITAGE POWER LLC8.6
DISCOUNT POWER8.7
FRONTIER UTILITIES8.7
SOUTHWEST POWER & LIGHT8.7
WINDROSE ENERGY8.7
V247 POWER CORPORATION8.8
YEP8.8
INFUSE ENERGY LLC8.9
TEXPO ENERGY9.0
SOUTHERN FEDERAL POWER LLC9.1
SUMMER ENERGY LLC9.2
EXPRESS ENERGY9.3
4CHANGE ENERGY9.4
CHAMPION ENERGY SERVICES LLC9.4
RELIANT9.4
THINK ENERGY9.4
VETERAN ENERGY9.5
GRIDPLUS ENERGY9.6
AMIGO ENERGY9.7
JUST ENERGY9.7
TARA ENERGY9.7
CIRRO ENERGY10.3
AP GAS & ELECTRIC (TX) LLC10.4
TXU ENERGY10.4

 

FIRST CHOICE POWER had the lowest rate spot for this type of plan, while TXU ENERGY and AP GAS & ELECTRIC (TX) LLC tied for the highest price spot. 16 REPs from this table changed their price during the month of March: 4 of them increased it while the other 12 decreased it.

 

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
SOUTHWEST POWER & LIGHT10.2
SOUTHERN FEDERAL POWER LLC10.6
RELIANT10.9
YEP10.9
TEXPO ENERGY11.1
INFUSE ENERGY LLC11.4
NEC CO-OP ENERGY12.1
TXU ENERGY12.5
AMBIT ENERGY16.5

 

SOUTHWEST POWER & LIGHT offered the lowest price this month while AMBIT ENERGY offered the highest price. SOUTHERN FEDERAL POWER LLC, RELIANT and INFUSE ENERGY LLC decreased their rates during this month. The rest kept a stable rate all month.

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
GEXA ENERGY8.9
CLEANSKY ENERGY9.3
MP2 ENERGY TEXAS LLC9.3
VARSITY ENERGY LLC9.3
4CHANGE ENERGY9.7
GREEN MOUNTAIN ENERGY COMPANY9.7
IBERDROLA TEXAS10.0
RHYTHM10.6
AP GAS & ELECTRIC (TX) LLC10.8
TRIEAGLE ENERGY LP11.4
TXU ENERGY14.1

 

GEXA ENERGY had the lowest price spot while TXU ENERGY had the highest price spot in the above table.

About 45% of those REPs changed their price, and only one increased it: GEXA ENERGY.

Lowest Electricity Prices in Houston (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
IBERDROLA TEXAS9.3
MP2 ENERGY TEXAS LLC9.3
RHYTHM10.4
AP GAS & ELECTRIC (TX) LLC10.6
GREEN MOUNTAIN ENERGY COMPANY11.7

 

IBERDROLA TEXAS increased its rates while MP2 ENERGY TEXAS LLC and CLEANSKY ENERGY decreased it. All the other REPs kept their prices the same during March. GEXA ENERGY offered the lowest price in this category, similar to the previous category, and GREEN MOUNTAIN ENERGY COMPANY offered the highest rate.

 

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
INFUSE ENERGY LLC11.5
GREEN MOUNTAIN ENERGY COMPANY14.1
AMBIT ENERGY16.7

 

INFUSE ENERGY LLC decreased their rate this month despite already offering the lowest rate in this category at the beginning of the month. The other two REPs from this table did not change their price, and AMBIT ENERGY offered the highest rate.

* Data obtained from powertochoose.org (Power to Choose) for the days from 3/1/2021 to 3/31/2021. 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 their pricing.