Power to Choose | Electric Price | TNMP Texas Mar 2021

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

Oncor
AEP Central
CenterPoint
AEP North

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.

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

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TNMP 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.%
Lowest9.49.8-4.1%9.49.8-4.1%11.68.831.8%
Highest12.113.1-7.6%11.911.90.0%16.917.9-5.6%
Average10.610.8-1.8%10.410.9-4.6%12.611.213.2%
Number of REPs2632-18.8%2022-9.1%910-10.0%

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.

In this delivery area, as in all others for the month of March, we see a decrease in the number of REPs in each category. The following REPs are ones that had offers in the above categories in February, but no longer offering any offers on Power to Choose since mid-February, which is when the winter storm hit Texas: ENTRUST ENERGY INC, PULSE POWER LLC, MIDAMERICAN ENERGY SERVICES LLC, ENERGY MONGER LLC, POWER OF TEXAS HOLDINGS INC, and ENERGY TO GO.

Some other REPs chose not to continue offering plans on these categories but were still showing other plans on Power to Choose website. TRIEAGLE ENERGY LP and SPARK ENERGY LLC were no longer offering 24mo-fixed rate plans, and FIRST CHOICE POWER was no longer offering variable plans.
We also noticed two new players that started to show products in one of those 3 categories: YEP and TEXPO ENERGY.

The common trend to the fixed rate plans is a global “light” decrease of their rates (except for the 24mo-fixed rate plan highest rate that did not change.

On the other hand, the variable rate category has a different trend. The lowest rate increased by 31.8%, the highest rate decreased slightly by 5.6% and the average rate increased by 13.2%.

TNMP 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.%
Lowest9.89.71.0%9.510.3-7.8%11.79.030.0%
Highest15.012.421.0%12.512.50.0%17.118.1-5.5%
Average11.511.13.9%11.011.2-1.8%14.612.615.2%
Number of REPs1015-33.3%79-22.2%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.

The number of REPs in the 100% green product categories also decreased: TOMORROW ENERGY CORP, GREEN ENERGY EXCHANGE, ENERGY TO GO, ATG Clean Energy, CHARIOT ENERGY, PULSE POWER LLC, GREEN ENERGY EXCHANGE and BULB are all REPs that were previously offering some of the above 100% green plans but were no longer offering plans at all on Power to Choose since mid-February. FRONTIER UTILITIES and VARSITY ENERGY LLC were no longer offering 100% green plans in March but still had other offers on Power to Choose.
TXU ENERGY, MP2 ENERGY TEXAS LLC, and CLEANSKY ENERGY were all new players here. They started to offer a product in one of those categories while they were not the previous month.

The 100% green 12mo-fixed rate category is showing a general rate increase. The lowest rate slightly increased by 1%, the highest one by 21% and the average by 3.9%. The important number of REPs that left the game may be explaining this trend.

The 100% green 24mo-fixed rate category is not showing the same trend: -7.8 % for the lowest, no change for the highest rate and -1.8% for the average rate.

The 100% green variable rate category has a lowest rate that increased by 30%, a highest rate that decreased by 5.5% and the average increased by 15.2%. Again here, losing 40% of the players that were offering lower rate offers may explain this average increase of rates.

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

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
DISCOUNT POWER9.4
SPARK ENERGY LLC9.4
CIRRO ENERGY9.5
FRONTIER UTILITIES9.8
SOUTHWEST POWER & LIGHT9.8
WINDROSE ENERGY9.8
YEP9.8
VARSITY ENERGY LLC10.0
GRIDPLUS ENERGY10.1
INFUSE ENERGY LLC10.1
4CHANGE ENERGY10.4
POWERNEXT10.4
SUMMER ENERGY LLC10.5
VETERAN ENERGY10.5
AMIGO ENERGY10.7
JUST ENERGY10.8
TARA ENERGY10.8
THINK ENERGY11.0
SOUTHERN FEDERAL POWER LLC11.3
CHAMPION ENERGY SERVICES LLC11.4
TRIEAGLE ENERGY LP11.5
AP GAS & ELECTRIC (TX) LLC11.6
RELIANT11.7
CONSTELLATION NEWENERGY INC11.9
TXU ENERGY11.9
AMBIT ENERGY12.1

 

DISCOUNT POWER and SPARK ENERGY LLC offered the lowest rate while AMIBIT ENERGY offered the highest in this category in March. 12 REPs from this table changed their price. Among those changes, we can’t draw a common trend as 7 decreased their price, and 5 increased it.

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
FIRST CHOICE POWER9.4
DISCOUNT POWER9.5
FRONTIER UTILITIES9.5
WINDROSE ENERGY9.6
INFUSE ENERGY LLC9.8
SOUTHWEST POWER & LIGHT10.0
YEP10.0
SOUTHERN FEDERAL POWER LLC10.1
TEXPO ENERGY10.2
SUMMER ENERGY LLC10.4
GRIDPLUS ENERGY10.5
CHAMPION ENERGY SERVICES LLC10.6
AMIGO ENERGY10.7
JUST ENERGY10.7
TARA ENERGY10.7
THINK ENERGY10.8
TXU ENERGY10.8
RELIANT11.1
AP GAS & ELECTRIC (TX) LLC11.3
CIRRO ENERGY11.9

 

For this type of plan, FIRST CHOICE POWER and CIRRO ENERGY had the lowest and highest price spots, respectively. 35 % of the REPs changed their prices during the month of March. Only one of them increased it: THINK ENERGY.

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
INFUSE ENERGY LLC11.6
SOUTHERN FEDERAL POWER LLC11.6
RELIANT11.7
SOUTHWEST POWER & LIGHT11.8
YEP11.8
TEXPO ENERGY12.0
NEC CO-OP ENERGY12.9
TXU ENERGY13.5
AMBIT ENERGY16.9

 

INFUSE ENERGY LLC and SOUTHERN FEDERAL POWER LLC changed their prices during the month, and they both decreased it. They both also offered the lowest rate in this category while AMBIT ENERGY offered the highest.

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
GEXA ENERGY9.8
MP2 ENERGY TEXAS LLC10.0
VARSITY ENERGY LLC10.4
IBERDROLA TEXAS10.9
RHYTHM11.3
CLEANSKY ENERGY11.4
AP GAS & ELECTRIC (TX) LLC11.8
TRIEAGLE ENERGY LP12.0
GREEN MOUNTAIN ENERGY COMPANY12.3
TXU ENERGY15.0

 

3 of the 10 REPS changed their prices during the period: GEXA ENERGY increased it, IBERDROLA TEXAS and CLEANSKY ENERGY decreased it. GEXA ENERGY offered the lowest price in March while TXU ENERGY offered the highest price.

Lowest Electricity Prices in Lewisville (or TNMP TDU area): 100% Green 24mo-Fixed Rate Plan
(lowest to highest rate)

Energy ProvidersRate for 2000 kWh (¢/kWh)
GEXA ENERGY9.5
IBERDROLA TEXAS10.3
MP2 ENERGY TEXAS LLC10.3
RHYTHM11.2
CLEANSKY ENERGY11.4
AP GAS & ELECTRIC (TX) LLC11.5
GREEN MOUNTAIN ENERGY COMPANY12.5

 

GEXA ENERGY offered the lowest price and GREEN MOUNTAIN ENERGY COMPANY offered the highest price for this type of plan. CLEANSKY ENERGY and GEXA ENERGY decreased their rates within the month of March. All the other REPs on this table kept their prices the same.

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

Energy ProvidersRate for 2000 kWh (¢/kWh)
INFUSE ENERGY LLC11.7
GREEN MOUNTAIN ENERGY COMPANY14.9
AMBIT ENERGY17.1

 

Only AMBIT ENERGY had a stable rate all month but offered the highest price. The 2 other REPs decreased their rates during the first half of the month. INFUSE ENERGY LLC offered the lowest 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.