As a result of energy deregulation, Texas residents have the opportunity to choose their retail electricity providers. This freedom of choice can lead to competitive rates and exceptional customer service.
However, there are many factors to consider when choosing an electricity provider. The most important considerations are price, contract length, and early termination fees.
Competitive Energy Markets
You can choose your electricity company in Texas from dozens of Retail Electric Providers. This benefits the state’s deregulated energy market, which covers approximately 85% of the Lone Star State. Power travels through one set of wires in regulated markets managed by the local utility company or authority cooperative.
They are responsible for the poles, towers, substations, and transformers that deliver energy from power plants to homes and businesses.
The competitive energy market allows you to shop for electricity providers with plans that fit your needs, such as 100% renewable options. Some REPs offer fixed-rate plans that lock in a stable price for your contract, while others provide variable-rate plans that fluctuate with the underlying power market. You can also find programs tied to a particular index, offering more flexibility with pricing.
Moreover, energy companies in Texas offer a range of services and plans, providing consumers with options to select reliable and cost-effective providers that align with their specific energy needs and preferences.
Although some state regulators and politicians call for redesigning the system, it would be wrong to overhaul the power grid without a thorough public-outcry process. While there are issues with the current structure, it is essential to recognize that a competitive energy market has many consumer benefits. This is why you must take the time to make an informed decision about your Texas energy provider.
Energy Choice
In most areas of Texas, the energy market is deregulated, and you have the power to choose your retail energy provider. This freedom can help you save money on your electricity rates, and it can also allow you to find plans that fit your lifestyle.
Before you make a decision, understand what your needs are and evaluate the options available. Many providers offer different plan types and terms, including fixed and variable rates. Determine your usage level and the time you need your plan to last to help you select an ideal provider for your home or business.
You can also evaluate the environmental and community impact of energy companies. For example, some providers offer plans that generate energy from solar or wind and support green lifestyles. You can even find providers that allow you to offset your energy consumption with renewables without having solar panels or a wind turbine.
If you’re in a deregulated area, start by entering your zip code on the website to find out whether or not there are other energy providers in your area. Then, use to connect with your utility and get accurate usage data for your home. We’ll sort through hundreds of electricity plans and select the best match for your needs.
Renewable Energy Options
Several Texas electrical companies offer plans that include energy from renewable sources like solar and wind. This is an easy way for consumers to help reduce their carbon footprint and support the transition to a sustainable energy future.
When choosing an electricity provider, consider the contract duration that best fits your lifestyle and any early termination fees that may apply. Also, check the price per kilowatt-hour of each plan to ensure it fits your budget.
Wide-open spaces aren’t just great for cowboy movies but ideal for wind power. As a result, Texas leads the nation in wind capacity. Choosing an electricity company that offers a renewable energy option will support the growth of wind power in the state, which is a great thing for consumers, the environment, and our economy.
Thanks to deregulation, Texans have plenty of options for selecting a retail electric provider and an electricity plan that’s right for them. An online tool lets you easily compare electricity rates and select a provider that fits your needs. Just consider any potential energy perks the provider may offer, as these can add to significant savings on your electricity bill over time.
Customer Service
The power company you choose should offer excellent customer service. If you need to call to report an issue, ensure the selected provider can answer your questions quickly and efficiently. They should also be willing to help you change your plan when necessary or work with you to find an alternative when experiencing a financial challenge.
Another factor to consider when choosing an electricity provider is their reputation. Their Texas electricity ratings reflect how well they perform as a business. These ratings are based on reliability, transparency, and customer satisfaction. Consumers can use Texas electricity ratings to help them assess providers and choose the right one for their needs.
If you’re ready to switch to an energy company with competitive rates..
Your chosen rate will depend on your home and how much electricity you use. For example, if you’re a travel nurse who works nights, you’ll probably want to sign up for a free night and weekend plan. And if you live in an apartment, you may need to stick with a fixed-rate plan.