A Five-Year View: Prices Rising Nationally, Falling in Texas

An article on the front page of USA Today notes concerns over increased electric bills nationwide. The piece focuses on consumption, noting that annual electric bills have risen by about $300 over the past five years, adding that nationwide electric rates — the per-kWh portion of your bill — are rising as well.

In Texas and the competitive retail electric market in ERCOT, it’s a different story.

  • But the Texas statewide average residential electric price has fallen by 14% over the same period, using the same data source.
  •  But what about the competitive market? Comparing the PUC’s archived offers shows that from August 2006 and August 2011, the average residential offer in the competitive market has fallen by 32%.

Note that the PUC data does not capture all offers available on powertochoose.org. Since March 2010, AECT has been regularly capturing the offers available in the market, available here.

  1. December 21st, 2011

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