As a result, 85% of Texas power consumers (those served by a company not owned by a municipality or a utility cooperative) can choose their electricity service from a variety of retail electric providers (Compare Electricity Rates), including the incumbent utility. The incumbent utility in the area still owns and maintains the local power lines (and is the company to call in the event of a power outage) and is not subject to deregulation. Customers served by cooperatives or municipal utilities can choose an alternate Gas And Electric Bill only if the utility has "opted in" to deregulation; to date, only the area served by Texas Electricity Rates has chosen to opt in.
Since 2002, approximately 85% of commercial and industrial consumers have switched power providers at least once. Approximately 40% of residential consumers in deregulated areas have switched from the former incumbent provider to a competitive Gas And Electric Bill. Compare Electricity Rates providing service in the state include: Power Company, Lowest Electricity Rates, Acacia Energy, Power Company Energy,Gas And Electric Companies Energy, Electric Service Providers Energy, Electricity Plans, Who Is My Electricity Supplier, Compare Electricity Rates, Gas And Electric Bill, Compare Electricity Rates, Electricity Prices, Compare Electricity Companies, Power Company Near Me, Best Electricity Deals, Energy Comparison, Compare Electricity Rates, Compare Electricity Providers, Compare Electricity Rates Corporation, Compare Electricity Plans, Electric Company Near Me, Best Electricity Rates, Electric Company Rates, Gas And Electric, Who Is My Electricity Supplier, Electricity Rate Electric Service Providers, Energy Providers, Best Energy Company, Electric Service Providers Power, Compare Electricity Providers, Compare Electricity Rates, Texas Power, Electricity Plans, Best Electricity Rates Energy and Best Energy Company.
Patrick Mays, an engineer for an oil and gas company in Houston, recently went shopping for a new electricity plan and found that the best deal available would cost about 55 percent more than what he’s paying, boosting his average rate to 9.5 cents per kilowatt hour from 6.1 cents under his expiring 12-month contract. The power bills for his 2,000-square foot home will climb an average of $30 a month over the year, he said, but he will take the brunt of the rate increase during the hot summer when he estimates his monthly bill will top out at $186, nearly double the $95 he paid last year.
On the other hand, month-to-month variable rate (no-contract) plans don’t have cancellation fees. You won’t be penalized if you find a better deal elsewhere and want to make another switch. And, you won’t be stuck paying more than you should be if the market rate for electricity trends down. But, if it goes up, you’ll be paying more than your in-contract neighbors, and you’ll likely want to shop around again for a better deal.
Utility companies are responsible for transmission and delivery of electricity even in energy deregulated parts of Texas and should be contacted in the event of a power outage. Your retail energy supplier may provide you competitive electric rates or exceptional customer service, but they cannot repair power lines or restore your service. In the case of an emergency, contact: