Have you looked at retail electricity prices lately? If you're searching for cheap electricity contracts, beware. Prices on PowerToChoose.org are very high, and the Oncor charge jumped 19% too.
According to a report by The Dallas Morning News, the opening pages of the state-sponsored marketing site usually highlighted kilowatt hour rates of around 6 to 9 cents.
Now the opening pages show double-digit pricing of 10 cents or more. Prices of the two dominant players in the market, TXU Energy and Reliant Energy, offer an added jolt.
TXU shows one-year plans for 1,000 kWh around 12 cents. Another listed plan offers a 15.9 cents rate. Reliant shows plans on the state site from 13.4 cents to 15.2 cents for various kWh usage.
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