![]() The usage-based charge is based on your monthly electricity usage by the kilowatt-hour. They consist of a monthly base charge and a usage-based charge. Once on March 1st and once on September 1st. These charges generally change twice a year. Since the state sets these charges, they do not change no matter who your electricity provider is. These are charges that help support the reliable delivery of electricity to homes and businesses throughout the Houston area. CenterPoint Energy Delivery (TDU) ChargesĬenterPoint Energy has delivery charges that are set by the Public Utilities Commission of Texas. Since then, CenterPoint's primary business has been the delivery of electricity and natural gas to homes and businesses. When Texas's electricity market was deregulated in 2002, Reliant Energy was split into three separate companies, Reliant Energy, Texas Genco and CenterPoint Energy. In 1999, Houston Lighting & Power changed its name to Reliant Energy. The origins of CenterPoint come from a company that was founded in 1882 called Houston Lighting & Power. CenterPoint Energy Power to Choose History Learn more about Texas electricity companies here. only works with leading providers to bring you the best rates so you don’t have to worry about making the wrong choice and being stuck in an undesirable electricity contract. There are 100+ retail electricity providers that CenterPoint customers can choose from ranging from smaller local electricity companies in Texas to larger national providers like Constellation, TriEagle and Direct Energy. Source: Centerpoint CenterPoint Energy Electricity Companies In Texas, CenterPoint serves electricity to over 2 million homes and businesses in Houston and the surrounding areas. This includes Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. CenterPoint Energy Service AreaĬenterPoint is a large utility company that delivers electricity and natural gas to customers throughout the southern United States. ![]() That's why our site only features fixed-rate plans, so you can feel confident in your switch. On, we want to make sure that you get a great deal from a reputable provider. Plus, variable-rate contracts are heavily influenced by wholesale prices (what electricity providers pay for electricity), so when those prices spike as they did during that winter storm, you end up paying more. When you're under a variable-rate contract, your electricity provider is at no obligation to keep your rate low, so rates tend to be higher. Over time, they usually save people more money than variable-rate contracts, which vary from month to month. If you don't want to see the large bills that some Texans saw after the February 2021 winter storm, then you need a fixed-rate electricity plan.įixed-rate electricity plans lock in your electricity supply rate for the duration of your contract. The only thing that changes is your electricity plan. There are no interruptions in your electricity. It's as simple as that! Your new provider takes care of the rest.
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