HomeFebruary 5, 2020
Affiliate Of Northeast Utility Begins Offering Texas Residential Electric Service
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Iberdrola Texas has begun offering electricity supply to residential customers in Texas at Oncor and CenterPoint Energy Houston Electric
Iberdrola Texas is offering residential customers 100% Texas wind plans with a fixed rate of 12, 24, or 36 months
In the Oncor service area, Iberdrola Texas's Wind By TX 12 plan, which is a 12-month fixed plan with 100% Texas wind, has an average all-in rate of 12.8¢ per kWh at 1,000 kWh usage. This reflects an energy charge of 8.670¢ per kWh and TDU charges of $3.42 per month and 3.829¢ per kWh
In the CenterPoint Energy Houston Electric service area, Iberdrola Texas's Wind By TX 12 plan, which is a 12-month fixed plan with 100% Texas wind, has an average all-in rate of 13.0¢ per kWh at 1,000 kWh usage. This reflects an energy charge of 8.510¢ per kWh and TDU charges of $5.47 per month and 3.988¢ per kWh
Iberdrola Texas' 12 and 24 month fixed plans have a $150 early termination fee. Iberdrola Texas' 36 month fixed plans have a $250 early termination fee
Iberdrola Texas is a trade name of Iberdrola Solutions, LLC
Iberdrola Solutions LLC's entry into the Texas retail market had been exclusively first reported by EnergyChoiceMatters.com last year
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