Website helps compare energy costs

Published On: Jul 23 2012 06:41:12 PM CDT

July 23, 2012: More than 40 percent of Houstonians have never switched electric companies even thought the market was deregulated about 10 years ago. Many people think comparing companies is too complicated, but there is an easy way to go about it. Amy Davis reports.

HOUSTON -

CenterPoint Energy launched a new website Monday to help consumers chose the electric company that best fits their needs

The site, mytruecost.com, does cost comparisons so people can find the company with the best rate.

TrueCost uses a home's past usage to estimate a monthly cost with any company. If a home has a smart meter, CenterPoint can automatically download that data from the past 12 months.

Ten electric providers were signed up for the launch, but more are expected to take part.

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