As you receive your latest electric bill, you may notice it’s higher than usual. It’s not just the summer weather that may have caused the higher bill. This increase is due to a CenterPoint rate hike that took effect on September 1st. KPRC 2 Investigator Amy Davis explains what this means for you.
Why did my electric bill go up?
Each year on September 1st, transmission and distribution utilities, including CenterPoint and Texas-New Mexico Power, adjust their rates. This is a regular increase as we transition into fall and winter, seasons when electricity usage typically decreases…