Choose Energy Launches Electricity Price Index Tool

ChooseEnergy.com has launched the Texas Residential Electricity Price Index Tool, which Choose Energy said will allow customers to easily observe the varying trends in electricity contract terms based upon a range from one month all the way up to 24 months.

The rate data in the graph is collected from providers in the Choose Energy system on a daily basis and updated and published weekly here

Calculations are based upon 1,000 kWh per month, and a unique index is created for each service area, as well as statewide index. The index tracks pricing for products whose terms are one month, six months, 12 months, and 24 months.

"One of our goals at Choose Energy is to continually innovate through technology to help consumers make informed and confident choices when they sign up with a retail electric provider. We designed this graphing tool to help provide our customers a means to stay currently updated about trends in the electricity market," said Jerry Dyess, President and CEO of ChooseEnergy.com