That's here you find how much you pay for electricity, and that pricing lasts for the entire length of your power contract.
You just need to know the pricing on your electricity facts label. The short-lived ups and downs of the wholesale market are your retail provider's roblem.(source 1) As a residential customer, you don't need to worry about the price of megawatt-hours. With this type of plan, you pay the same price for power all year long. Once you find your new fixed rate power plan, there's no reason to fear summer prices. So, now is a great time to shop for Texas electricity. But because of low natural gas prices, current rates are already lower than last year. The fall brings one of the year's shoulder seasons where wholesale power prices dip, and retail electric plans follow suit.
Market Update: How long are Houston Electricity rates going to be high? Rates Are Coming DownĮven though Houston electricity rates spike in the summer, they do tend to come down as the weather cools.
