![]() ![]() Utility companies are also known as the Transmission and Distribution Service Providers – which is CenterPoint Energy for Houston and surrounding areas.Įnergy providers are those retail electric companies that buy power from the utilities at competitive prices. ![]() ![]() When you pay your Houston electricity monthly bill, the power that comes to your home or business is supplied by two companies: utility companies and energy providers. Almost 85% of the state’s energy market is deregulated. The Public Utilities Commission (PUCT) was responsible for determining the electricity rates.īut since 2002, Texas residents have the power to choose the best energy-efficient programs that will help lower your monthly bills dramatically. They worked with the state government, were the sole energy providers. Texas energy deregulation laws, which took effect in 2002, allow the right to choose your electricity supplier.Įarlier, local utilities alone could generate and distribute power to consumers. Afternoons and early evenings see a demand for electricity, which means the energy costs may be higher at those times. Time of Use: Like seasonal highs and lows in power consumption, peak usage hours differ during a day. Financial speculation is one of the least transparent factors that can cause unexpected movements. Plant shutdowns, conversions, or re-licensing are some localized factors that affect energy rates.įinancial Speculation and Global Markets: Significant changes in the supply of oil across the world can lead to increased demand for fuel. Global rates for oil and gas can impact electric suppliers’ profits, leading to a price hike. As consumers use more electricity, this leads to increased energy rates.Ĭost of Power Generation: Cost of the fuel used, transportation, and import and exports of fuel can cause electricity price fluctuations. Weather: Heating and cooling demands in the summer and winter are more in Houston, and hence you see an increase in electricity demand. If the fuel cost is more than the generated electricity rates, companies may make adjustments so that the system can support itself. Type of Fuel: The type of fuel (natural gas, coal, wind, etc.) used to generate electricity is different in various power plants. However, the real-time cost of electricity depends on some factors, such as: Hence, the transmission and utility distribution systems have no impact on your electricity rates. All of our programs are implementedīy third-party contractors.CenterPoint Energy is the only local TDU for the Houston metro area. Programs directly to residential customers. Note: Texas law prevents us from offering Switching to a ENERGY STAR® certified variable speed pool pump will efficiently deliver the right speed for different tasks, reducing energy usage and noise. The CenterPoint Energy High Efficiency Homes™ program promotes local builders who build and certify high performance and ENERGY STAR® homes. Switch to ENERGY STAR® certified light-emitting diode (LED) bulbs to save money on your utility bills. Raise your ceiling insulation levels to save energy and increase comfort inside your home. It may increase your energy efficiency and reduce your electric bill. Ĭonsider investing in an ENER GY STAR® certified smart th ermostat to manage your home's te mperatures.Įnroll today to receive a CoolSaver A/C Tune-up. From weatherization programs to smart thermostats – CenterPoint Energy offers great savings on a collection of energy and money-saving programs and products to help increase your home's energy efficiency. ![]()
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