subject: Houston Electricity Rates Have Recently Fallen, Take Benefit Now Before It Is Too Belated [print this page] Houston Electricity Rates Have Recently Fallen, Take Benefit Now Before It Is Too Belated
I thought that I would examine the recent decrease in Houston's electricity prices for you today. As amazing as it sounds the recent deregulation of electricity in Texas has really helped the electricity consumers of Texas get higher savings on the electric bills over the past few months.
It appears to me that every week I hear about new retail electricity provider entering the Texas marketplace and this is nothing but good information for us consumers. I wish to be sure you are taking advantage of this distinguished lucky chance.
Rates are now as low at .08 per kWh this rate is without a doubt provocative and needs to be locinchedon. I am expecting that with commodity prices widening we are soon going to see an increase in the cost of the resources that are used for the production of electricity. The dominant reason is coal and natural gas.
Coal is experiencing and multiply in demand and also pressures on price increases. I am expecting a twenty to twenty five percent increase in the price of coal in 2011. Some have actually expressed a concern of thirty percent.
As far as natural gas is concerned there are extensive assurgent pressures on this resource. With an increase in natural gas powered vehicles there is going to be more citizens demanding natural gas. Since over forty percent of our electricity is produced from natural gas this could be a bad omen for Texas electricity consumers.
So what do we advise? You should fastening in your Houston electricity pricing now. Historically rates are lower in the winter and they start to increase in the season following winter. Now is the time to get a low rate and keep it.
Many Texas retail electricity providers have two year plans. Now is the time to get your electricity on a two year plan and lock in lower rates before they increase.