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July 2021: What is the Electricity Market Trend for the TNMP Delivery Area?

New this month! Our team is providing a “TOP 3 Providers” analysis based on the data we collected since the beginning of the year. Let’s see which REPs are ranking first in each category of plans.

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: JULY vs JUNE

TNMP Delivery Area – July 2021: Rates and Trends for Most Common Plans (non-green):1

Fixed Rate (cents/kWh)
12mo Plans
Variable Rate (cents/kWh)
June July Trends June July Trends
Lowest 10.0 10.3 3% 9.4 9.4 0%
Highest 14.0 14.0 0% 17.5 17.5 0%
Average 11.3 12.0 6% 12.0 13.2 10%
Number of REPs 29 28 -3% 12 10 -17%

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.

The non-green category is impacted this month by a loss of energy providers in two categories of plans. For the fixed rate category, AP GAS & ELECTRIC (TX) LLC is no longer offering plans on the Power to Choose website since the beginning of June. Regarding the variable rate category, DIRECT ENERGY and FIRST CHOICE POWER are not providing variable rate plans but are both still showing other kinds of products.

In this delivery area, we didn’t notice any dramatic change in prices. We only see in the table above, a small increase (3% and 6%) in the lowest rate and in the average rate for fixed rate plans and a 10% increase in the average rate for the variable rate plans, although the lowest and the highest price were stable in this category.

 

TNMP Delivery Area – July 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)
June July Trends June July Trends
Lowest 10.2 10.9 7% 10.9 13.8 27%
Highest 15.9 13.9 -13% 17.7 17.7 0%
Average 11.9 12.1 1% 14.6 15.6 7%
Number of REPs 11 9 -18% 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.

The 100% green category went through some variations in July 2021.

First of all, the number of players in the fixed rate plan category decreased by 18% as AP GAS & ELECTRIC (TX) LLC and TXU ENERGY are no longer showing offers in this category. As mentioned earlier in this article, this first energy provider is not offering plans at all while the second energy provider is still showing offers but not in the 100 % green category. Secondly, let’s have a look at the trends between these two months. The average rates did not vary a lot (+1% for the fixed rate category and +7% for the variable rate one). However, we captured some variations within these two 100% green categories. The lowest rates increased by 7 % and 27%. This is explained by the two energy providers (GEXA ENERGY and INFUSE ENERGY LLC) increasing their prices in each category. In the contrary, the fixed rate’s highest rate decreased by 13%, explained by TXU ENERGY no longer showing 100% green offers anymore.

 

Who are the Best Electricity Providers in the TNMP Delivery Area?

Our team is defining the best electricity provider as one that is reliable and offers attractive rates. As a result, we have only included in our analysis REPs who have consistently offered products on the Power to Choose website every month between January and July 2021, even despite the winter storm that occurred in February 2021. We identified the top 3 for each plan category below. Energy Providers’ ratings mentioned in this article were captured in July 2021 from the Power to Choose website.

 

Top 3 Electricity Providers for non-100% green 12 months fixed rate plans2:

Average Rate (cents/kWh) Min Rate (cents/kWh) Max Rate (cents/kWh)  July 2021 Rate (cents/kWh)
SPARK ENERGY LLC 10.4 9.8 11.3 11.3
DISCOUNT POWER 10.5 9.8 11.3 11.3
POWERNEXT 10.5 9.9 11.7 11.7

2Table shows the REPs that have the 3 lowest average monthly minimum rates from January 2021 to July 2021. We are excluding REPs that did not show offers during one or several months within this timeframe. Refer to the footer note in this article for more information about our data collection process and analysis.

  • SPARK ENERGY LLC: they were certified on 4/22/2002 by the Public Utility Commission of Texas (PUCT) and obtained 2 stars on the Power to Choose website.
  • DISCOUNT POWER: certified on 10/27/2008. They offered the lowest average rate and the lowest minimum rate in the table above. They are rated 4 stars (out of 5) on the Power to Choose website in July.
  • POWERNEXT: this REP was certified on 11/30/2018 by the PUCT. They are rated 1 star on the Power to Choose website.

 

Top 3 electricity providers for non-100% green variable rate plans2:

Average Rate (cents/kWh) Min Rate (cents/kWh) Max Rate (cents/kWh)  July 2021 Rate (cents/kWh)
SOUTHERN FEDERAL POWER LLC 9.5 8.2 12.2 9.4
INFUSE ENERGY LLC 10.8 8.2 13.7 13.7
SOUTHWEST POWER & LIGHT 11.3 9.6 13.9 13.9
YEP 11.3 9.6 13.9 13.9

2Table shows the REPs that have the 3 lowest average monthly minimum rates from January 2021 to July 2021. We are excluding REPs that did not show offers during one or several months within this timeframe. Refer to the footer note in this article for more information about our data collection process and analysis.

  • SOUTHERN FEDERAL POWER LLC: certified on 5/22/2019, has the lowest average rate captured from our daily snapshot on the Power to Choose website. They are rated 3/5 stars and are currently, as of July 2021, offering 9.4 cents/kWh.
  • INFUSE ENERGY LLC: was certified on 8/6/2014. They are rated 5/5 stars on the Power to Choose website.
  • SOUTHWEST POWER & LIGHT: this provider was certified on 6/13/2006 and is also rated 5/5 on Power to Choose website.
  • YEP: This REP is owned by the same parent company as SOUTHWEST POWER & LIGHT so they have the same PUCT certification date. That is why you may see similarity in prices between these 2 providers. YEP is also ranked as one of the best with 5 stars.

 

Top 3 electricity providers for 100% green 12 months fixed rate plans2:

Average Rate (cents/kWh) Min Rate (cents/kWh) Max Rate (cents/kWh)  July 2021 Rate (cents/kWh)
GEXA ENERGY 10.2 9.9 11.0 11.0
CLEANSKY ENERGY 11.4 11.0 12.2 12.2
GREEN MOUNTAIN ENERGY COMPANY 11.5 10.9 12.6 10.9

2Table shows the REPs that have the 3 lowest average monthly minimum rates from January 2021 to July 2021. We are excluding REPs that did not show offers during one or several months within this timeframe. Refer to the footer note in this article for more information about our data collection process and analysis.

  • GEXA ENERGY: This provider is ranked as #1 in our TOP 3 as they are showing the lowest average rate. They were certified on 8/2/2001 by the PUCT. They obtained 2/5 stars.
  • CLEANSKY ENERGY: was certified on 11/7/2019. The Power to Choose website has not rated this energy provider.
  • GREEN MOUNTAIN ENERGY COMPANY: has been certified on 1/29/2001 and is rated 4 stars. This REP is currently, as of July 2021, offering the following rate: 10.9 cents/kWh.

 

Top 3 electricity providers for 100% green variable rate plans2:

Average Rate (cents/kWh) Min Rate (cents/kWh) Max Rate (cents/kWh)  July 2021 Rate (cents/kWh)
INFUSE ENERGY LLC 10.9 8.3 13.8 13.8
GREEN MOUNTAIN ENERGY COMPANY 15.5 15.3 16.1 15.3
AMBIT ENERGY 18.0 17.7 18.7 17.7

2Table shows the REPs that have the 3 lowest average monthly minimum rates from January 2021 to July 2021. We are excluding REPs that did not show offers during one or several months within this timeframe. Refer to the footer note in this article for more information about our data collection process and analysis.

Our Top 3 here shows the only 3 REPs that have consistently offered PTC plans since January 2021.

  • INFUSE ENERGY LLC: was certified on 8/6/2014. They are rated 5/5 stars on the Power to Choose website.
  • GREEN MOUNTAIN ENERGY COMPANY: is the provider ranking # 2 in our top 3. They are offering, as of July 2021, 15.3 cents/kWh for this kind of plan (see above for more info about them.)
  • AMBIT ENERGY: has 3 stars (out of 5) in July 2021. They were certified on 10/28/2005.

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For business rate click here

LIST OF ENERGY PROVIDERS/ PRICES

TNMP Delivery Area – July 2021: List of Lowest Reported EFL Prices for an estimated 1000 kWh’s*

 

July 2021: Lowest Electricity Prices in Lewisville, Texas (or TNMP TDU area): Non-100% Green 12mo-Fixed Rate Plans:
(lowest to highest rate)

Energy Providers Rate for 1000 kWh (¢/kWh)
THINK ENERGY 10.3
4CHANGE ENERGY 10.7
FRONTIER UTILITIES 10.8
VETERAN ENERGY 10.8
WINDROSE ENERGY 10.9
DISCOUNT POWER 11.3
SOUTHWEST POWER & LIGHT 11.3
SPARK ENERGY LLC 11.3
YEP 11.3
CIRRO ENERGY 11.4
FIRST CHOICE POWER 11.5
POWERNEXT 11.7
DIRECT ENERGY 11.8
RELIANT 11.9
AMIGO ENERGY 12.1
INFUSE ENERGY LLC 12.1
TRIEAGLE ENERGY LP 12.2
CHAMPION ENERGY SERVICES LLC 12.5
SUMMER ENERGY LLC 12.7
JUST ENERGY 12.8
RANCHERO POWER 12.8
TARA ENERGY 12.8
SOUTHERN FEDERAL POWER LLC 12.9
PULSE POWER LLC 13.0
CONSTELLATION NEWENERGY INC 13.4
TXU ENERGY 13.4
ENERGY TO GO 13.5
AMBIT ENERGY 14.0

THINK ENERGY offered the lowest rate while AMBIT ENERGY offered the highest in this category in July. 54% of REPs from this table changed their price. We can’t draw a common trend as 10 REPs increased their price while 5 decreased it.

 

July 2021: Lowest Electricity Prices in Lewisville, Texas (or TNMP TDU area): Non-100% Green Variable Rate Plans:
(lowest to highest rate)

Energy Providers Rate for 1000 kWh (¢/kWh)
SOUTHERN FEDERAL POWER LLC 9.4
RANCHERO POWER 10.7
RELIANT 10.9
NEC CO-OP ENERGY 13.2
INFUSE ENERGY LLC 13.7
SOUTHWEST POWER & LIGHT 13.9
YEP 13.9
TEXPO ENERGY 14.1
TXU ENERGY 14.8
AMBIT ENERGY 17.5

In this category of plans, we captured a trend: 7 out of 10 REPs increased their rates during the second half of July 2021. Energy providers that did not change their rates are: NEC Co-op ENERGY, TXU ENERGY and AMBIT ENERGY.

 

July 2021:  Lowest Electricity Prices in Lewisville, Texas (or TNMP TDU area): 100% Green 12mo-Fixed Rate Plans:
(lowest to highest rate)

Energy Providers Rate for 1000 kWh (¢/kWh)
GREEN MOUNTAIN ENERGY COMPANY 10.9
OCTOPUS ENERGY 10.9
GEXA ENERGY 11.0
MP2 ENERGY TEXAS LLC 11.6
CLEANSKY ENERGY 12.2
RHYTHM 12.3
TRIEAGLE ENERGY LP 12.7
PULSE POWER LLC 13.4
ENERGY TO GO 13.9

GREEN MOUNTAIN ENERGY COMPANY and OCTOPUS ENERGY both offered the lowest price in July while ENERGY TO GO offered the highest price. Only one energy provider kept the same price within the month: TRIEAGLE ENERGY LP. Again here, no common trend in this category as 3 decreased their rates while 5 increased them.

 

July 2021: Lowest Electricity Prices in Lewisville, Texas (or TNMP TDU area): 100% Green Variable Rate Plans:
(lowest to highest rate)

Energy Providers Rate for 1000 kWh (¢/kWh)
INFUSE ENERGY LLC 13.8
GREEN MOUNTAIN ENERGY COMPANY 15.3
AMBIT ENERGY 17.7

As we see often in this category, only INFUSE ENERGY LLC had the lowest rate of this category. They are also the only REP that increased their electricity price during the month.

 

*Data obtained from powertochoose.org (Power to Choose) for the days from 7/1/2021 to 7/31/2021. 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 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.