There is good news and bad news. Let’s start with the good news. The transmission and delivery charge on our bills went down on March 1. This rate adjusts every year in the spring and goes up in the fall.What you should know about electricity rates for Spring 2023.
Centerpoint’s rate was a flat $4.39 for each bill and then 4.9 cents a kilowatt. The rate is now 3.56 cents a kilowatt.If you use a thousand kilowatts in a month, you would pay $14 less this month than what you paid for the same amount of electricity last month.Now for that bad news. The Public Utility Commission just gave Centerpoint permission to recover $200 million from Houston customers for costs it paid to lease mobile power generation units during emergencies.
“If you haven’t looked at your electricity rates for some time, it’s probably a good time to do that,” said Energy Ogre COO David Kinchen. “You know, if you were signed by the peak of the market, there’s certainly better rates to be had a lot of the rates have come off significantly from the highs that we’re looking at today.