Indeterminate premium life insurance is a type of whole life insurance that specifies two premium rates: a guaranteed maximum, and a lower rate you actually pay. The lower premium level is for a set period of time. Then the company establishes a new rate that may be higher or lower than the initial premium.
According to a January 2010 report by the Texas Public Policy Foundation, the average price paid per kilowatt hour by Texas residents in 2009 was 12.26. This was slightly higher than the national average.oing so will allow you to pay less for electricity than what your average Texas neighbors are paying. Ideally, you want to be paying less than the approximately eleven cents per kWh that is the average among competitive electricity suppliers in the state.
Some utilities encourage users to reduce peak demand with cost incentives. TXU Energy in Texas has variable time-of-use rates. Electricity is more expensive between 1 and 6 p.m. on weekdays in summer and fall. These are the times with highest electric demand, largely because of air conditioning usage. (Learn how to use a programmable thermostat to control peak energy use.)