November 29, 2007 admin

Historical 12 Month Texas Commercial Electric Rate Chart

Support At 8 Cents kWh

< The Texas electricity market has found support around the 8 cents a kWh level for 12 month fixed term contracts. Electric rates have hit this level once again and we are in a good position to lock in on a rate while we are at this low support. Based on purely technical analysis there is a strong likelihood that rates will bounce up as they have been doing this year from this support. Of course with any type of stock, energy, commodities speculation there is really no way to be 100 percent sure as to what these electric rates will do or I would be living it up in Belize on a yacht right now as I make large returns on energy futures.

For those commercial businesses needing a 12 month historical electric rate chart showing exactly what Texas electric rates have done this is a good line graph for that. Below you may find this graph helpful in determining what electric rates may do over the next few weeks. As you can see the support shows to be at 7.8 – 8.0 cents kWh give or take a fraction. This appears to be a support so watch for a pull back up. If it breaks out down below 7.5 cents kWh for a 12 month fixed rate term then we can look to see if we might go lower but right now it does not show that potential.

12 Month Historical Graph

Historical 12 Month Texas Commercial Electric Rate Chart

Learn more about Texas Electric Rates

About the Author

admin Donny started ElectricityBid.com back in 2007 from his parents basement and has since married his wife Melody and had three sons, John Adam (7) and Noah (4) and our new 20 month old son. He enjoys tech related things, softball, kickboxing, going to the gym, excursions and activities together with his wife Melody. Our service allows you to shop and compare commercial and residential electric rates and providers. Would you take the time today to try our service and see how you like it. Thank you! and God Bless You!

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