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Texas Deregulation Means Choice

April 1, 2015
by dmirza

Have you ever wondered why there are so many different electricity providers to choose from in Texas? Maybe you’ve had the same provider for years and never gave it a second thought. Texas has a deregulated energy market. This means that the market is open for competition between different retail energy providers (REPs). This competition means lower prices for you, because REPs want to offer the lowest rates to get customers.

Texas Deregulation Means Choice

What this all means is that you have a choice regarding who provides you with electricity. All electricity is the same, whether it comes from nuclear power, coal, gas, wind, or solar energy. The difference is in the plans and cost. Different plans allow you to pick one that suits you needs. If you need a temporary, month-to-month plan or a long term fixed rate plan, you are able to find one. Fixed rate plan contract lengths can vary between 3 months and 3 years. Prices can also vary among available plans.

By comparing REPs, you can see what each plan offers (detailed in the Electricity Facts Label, or EFL) and how much it costs per kilowatt hour (kWh) for the electricity. Once you find a plan you like, you simply sign up with that provider. Easy! Even easier, we can help you sort providers by your service area, price, contract length, or other means. So get yourself ready to exercise your electric choice to save some money on electricity!

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