Power to choose in Texas
Jennifer Farrington | Source: USA Today | Posted 03/29/2024
Due to the passage of a landmark deregulation law in 1999, over 400 Texas cities — including Houston, Fort Worth and Waco — foster a deregulated electricity market. Following these changes in legislation, more than 85% of Texans gained the power to choose an electricity provider, according to Energy Texas.
AI generated summary
Since the passing of a deregulation law in 1999, over 400 Texas cities, such as Houston and Fort Worth, now have a deregulated electricity market. This legislation has empowered more than 85% of Texans to choose their own electricity provider, paving the way for increased competition among retail electric providers (REPs) and ultimately leading to lower costs and a variety of options for consumers.
In Texas, Transmission and Distribution Utilities (TDUs) are regulated entities responsible for delivering electricity through their infrastructure. These charges, along with other fees such as energy charges, taxes, and minimum usage fees, make up a significant portion of consumers' electricity bills. To navigate the vast array of plans and providers available, platforms like Powertochoose.org, managed by the Public Utility Commission of Texas, help consumers compare and select the best energy provider and plan that suits their needs and preferences.
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Source Link: https://www.usatoday.com/money/homefront/deregulated-energy/power-to-choose-texas/
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