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texas electric
deregulation
About Texas Electric Deregulation
Until a few years ago, the Texas electricity market was a monopoly. Electric consumers did not have a choice of electric providers. Electricity Deregulation has given Texas homes and businesses a voice. The power to choose who you buy a product or service from is a basic freedom, so why shouldn't that apply to Retail Electricity Providers (REPs)? In much the same way Texans can now choose phone service after the break up of the phone monopoly, which led to lower prices and made overall phone service better, Texas consumers are already seeing prices and service that is relatively lower and of higher quality than ever before.
The 3 parts of your electric bill are the energy commodity, transmission and distribution. Electricity Deregulation in Texas changed only how energy commodity is bought and sold. By comparing competing companies, and choosing among the trusted, reliable competition, you can save a bundle on your power bills.