Texas Retail Electric Rates

If you're considering moving to Texas, but you're unsure of which major Texas City you'd like to settle in, you may want to consider comparing electricity rates in different utility service territories. The differences in prices just might influence your final decision.

The electricity market of Texas was deregulated as a result of Texas Senate Bill 7, which was passed on January 1, 2002. Before 2002 the Texas Electricity market was a monopoly, meaning customers were not allowed the choice of energy providers.

Dallas, Fort Worth, Arlington, and Houston are all major cities that are part of the deregulated energy market. In these cities consumers are free to decide which energy provider they would like to service their residence or place of business.

There are now a great number of websites available to consumers that will compare energy providers and compile a report of company names and current rates for the savvy consumer to peruse. There are also websites out there for the customer who wants to go green. These websites will let the conscientious customer know what percentage of companies' energy comes from renewable sources and what percentage comes from nonrenewable sources. Consumers can even decide within the same company whether or not they want their energy to come from a renewable source. Many companies now have a regular option and a green option for customers to choose from.

The Texas energy market is the largest one in the nation and since its deregulation in 2002; there are as many choices for the energy consumer as there are towns in the state. For the would-be Texas resident, there are some sweet deals to be had.