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by ScottDLS
Thu Apr 09, 2020 1:28 pm
Forum: Off-Topic
Topic: Electricity Providers
Replies: 107
Views: 28813

Re: Electricity Providers

FrogFan wrote: Wed Apr 08, 2020 9:20 pm My two year contract with Reliant is up for renewal in June. I currently pay just about 9 cents per kwh. If I renew, the rate goes to 12.5 cents. Meanwhile, a check of powertochoose.org reveals many plans available for just about 6 cents per kwh if you're willing to accept a 3 month contract. The cheapest 1 year contract comes with a rate of around 8-9 cents.

My approach will be to enroll in short term plans as long as those low rates are available. I suspect these cheap rates are related to the price of oil, and I understand why the power companies won't offer them for longer terms.
I'm getting about 9 cents a kilowatt/hr from Discount Power (TX) on a three year contract.

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