Texas Electric Rates

The volatility of  Texas electric rates have been extreme enough to make someone in North Texas sea sick.  Over the last 8 months prices have been on a slight, but steady, rise as fixed rates today are 11% higher than they were in June 2009.  That might seem like bad news, however, consider that today’s prices are a whopping 49% lower than the all time high prices that were experienced in the summer of 2008.

Just 20 months ago a small or medium size business would be lucky to find a commercial electric rate for under 11 cents per KWh.  Today, business electricity rates can easily be locked in for under $0.07 for a 12 month period.  Texas residential electric rates can be locked in below $0.10 inlcuding delivery charges.

We’d like to ask our readers, what rate are you paying?