Wednesday, October 26, 2011

PUCT Approves Increased Charges from CenterPoint Energy

Recently, CenterPoint Energy (the delivery company for one or more of your Texas Customers) applied for and received approval by the Public Utility Commission of Texas (PUCT) for a fee increase to offset increased energy distribution costs. This increase affects all Retail Electric Providers (“REPs”) in the service region, including Ambit Energy.

This change in CenterPoint’s delivery charges will result in a $1.69/month increase per Customer, as well as a $0.00085 per kWh increase. The PUCT allows this increase on variable and fixed-rate products.