Here’s a look at the Fixed rate plans in the Texas deregulated electricity market for the current week.
3 Month Fixed Rates
- Gexa Energy – 8.5
- Spark Energy – 9.0
- APNA Fixed 3 – 9.1
6 Month Fixed Rates
- Champion Energy – 9.6
- Texas Power – 9.6
- Southwest Power & Light – 9.7
12 Month Fixed Rates
- Mega Energy – 9.5
- Brilliant Energy – 9.7
- Dynowatt – 9.7
- Champion – 9.7
24 Month Fixed Rates
- Kinetic Energy – 10.5
- Brilliant Energy – 10.6
- Cirro Energy – 10.6
Again, some good rates out there. Particularly Gexa’s 3 month rate at 8.5. I would caution everyone to be careful, however. That plan will expire right when summertime heat start really hitting overdrive, and to save money now might lead to a few months of much much higher rates when that plan expires. So unless you stay on top of it, 3 month plans right now could really explode come the summer, when all electric rates are likely to be much higher.