texas electric
deregulation
About Texas Electric Deregulation
What is Electricity Deregulation? Until a few years ago, electricity was a monopoly in Texas. Electric consumers did not have a choice in choosing their electric provider. Electricity Deregulation is giving Texas' s businesses the power to choose their Retail Electricity Provider (REP) in much the same way Texans can now choose phone service. Just like the break up of phone monopoly led to lower prices and made overall phone service better, the same thing is happening for Texas electric consumers with electricity deregulation.
The 3 parts of your electric bill are generation, transmission and distribution. Electricity Deregulation in Texas changes how electricity generation is bought and sold. Generation accounts for the bulk of your electric bill and by deregulating electricity, inefficiency in electric generation can be reduced dramatically.
Example of Electric Savings
Electric Savings Case 1 In 2004 Texas Electric Company helped Mercury Room in Houston TX save over $13,000 on their electricity bills over a 2-year period. At the end of 2 years, Mercury Room will have an extra $13,000 in their bank account all because they are smart enough to try out deregulated electricity and all Mercury Room had to do is fill out 2 forms that took about 5 minutes and our service is completely free.