Choosing an Electricity Company in Texas – Deregulation

Deregulation basically means that you as a consumer have the authority to choose your electric company in Texas. You don’t have to necessarily go with one restricted company that is assigned to your area of town. Instead you have the prospect to compare rates, reliability of service and customer service to discover the ideal company that fits your requirements.

Deregulation of electricity became official on 1st of January 2002, in Texas. The primary idea behind a deregulated energy market in Texas is to basically encourage competition between retail electricity providers, which in turn will automatically prompt competitive pricing.

Ever since the establishment of deregulated electricity, lots of new providers have entered into the market, which in return provides you with a better option when selecting an electric company. Along with that, the Texas Public Utilities Commission persists to regulate and monitor the distribution of electricity to make sure all consumers are protected.

THE PAST OF DEREGULATION

The deregulation of the Texas energy market started to break up the domination and encourage competition between electric companies. It was accepted as the ideal plan to provide consumers the power of choice, not just that but also a lower electricity rates. Few facts about Texas Deregulation of electricity are as fallows:

Year 1995 – This is when the wholesale utility deregulation came into effect
Year 1999 – In the year 1999 Senate Bill 7 was signed by (Gov. George W. Bush)
Year 2002 – The retail electric deregulation was made mandatory
Year 2008 – Since 2008 to date, Texas has the major electric market in the U.S.

IDEA BEHIND DEREGULATION

Ever since the Texas energy market has been deregulated in 2002, consumers have been reaping the benefits till date. On the other hand, deregulation was primarily on track with the consumer benefits in mind. It was an opportunity to enable the consumer – the power of choice and on the other hand, have the electricity companies compete against each other in order to promote competitive pricing.





DEREGULATED OF ELECTRICITY BENEFITS

• Consumers have the opportunity to choose the electric company that best suits their needs
• Due to competitive pricing consumers can enjoy the benefit of lower electric bills
• Consumers have the option to select from alternative energy products, such as green energy etc.
MUST KNOW ABOUT DEREGULATION IF YOU ARE NEW TO TEXAS

In case you are new to Texas – Are you aware that Texas has a deregulated energy market? For people who have moved from a state, which is not deregulated, then you might probably not be aware that you have the authority to choose your electricity company of your choice.

Deregulation basically means that you as a consumer have the authority to choose your electric company in Texas. You don’t have to necessarily go with one restricted company that is assigned to your area of town. Instead you have the prospect to compare rates, reliability of service and customer service to discover the ideal company that fits your requirements.

Deregulation of electricity became official on 1st of January 2002, in Texas. The primary idea behind a deregulated energy market in Texas is to basically encourage competition between retail electricity providers, which in turn will automatically prompt competitive pricing.

Ever since the establishment of deregulated electricity, lots of new providers have entered into the market, which in return provides you with a better option when selecting an electric company. Along with that, the Texas Public Utilities Commission persists to regulate and monitor the distribution of electricity to make sure all consumers are protected.

Anna Miller is an employee of SuperCheapElectricity.com. Anna writes the Texas electric blog that provides tips and suggestions about how to save money on your electricity bill.

Choosing an Electricity Company in Texas – Deregulation / Author: Anna W. Miller