Amigo Energy Houston Electric Rates

Amigo Energy has come down on their residential electric rates for the month of December as natural gas prices have driven down Texas electric prices. Because Texas has a strong correlation with natural gas we are likely to see them come down further if we have a mild winter. The thought that people will be heating their homes with natural gas powered gas heaters is not a new idea. This forecast is built into both natural gas prices as well as electric rates.

The thing that is not yet built into the rate is a milder winter then what the weather men predict. If weather surprises the weather guys then you can expect for electric rates to come down in the winter. I am not saying that rates will come down but don’t be completely shocked if they do. We did have a mild summer, so how about a mild winter. No one can accurately guess the weather 100% but if we could it sure would help people know when to lock in their energy rate.

Below are Decembers Electric Rates for Amigo Energy

Retail Electric Provider          Product Term          1000 kWh          1500 kWh          Fixed or Variable Renewable

Amigo Energy                             3-month                    10.9                   10.9                                 Fixed 

Amigo Energy                             4-Month                    10.9                   10.9                                Fixed

Amigo Energy                             6-month                     11.4                   11.4                                Fixed

Amigo Energy                           12-month                     12.5                   12.5                                Fixed

Amigo Energy                            24-month                    13.0                   13.0                                Fixed

Amigo Energy                            12-month Renewable 12.8                   12.8                                Fixed  100% Renewable

Amigo Energy No-Contracts         N/A                         12.0                   12.0                              Variable

Comparable Texas Electric Company Rates To Amigo’s

Startex Power has some comparable rates to Amigo Energy and are lower then they are on most terms. Amigo has some terms that Startex does not have but beyond this you will find some better electric rates then Amigo but only by a small fraction.

StarTex Power                              3-month                    10.8                   10.8                                Fixed

StarTex Power                              6-month                    11.3                   11.3                                Fixed

StarTex Power                              8-months                   11.1                   11.1                                Fixed

StarTex Power                            12-months                   12.3                   12.3                                Fixed

StarTex Power                            24-months                   12.4                   12.4                                Fixed

StarTex Power                            36-months                   13.3                   13.3                                Fixed

StarTex Power                        Month to Month                9.9                     9.9                         Month to Month (Variable after 1st Month)