Electricity Deregulation in Texas and Your Options

by Texas Electricity Deregulation on October 28, 2011

At the beginning of 2002, the Senate passed a bill that allowed electricity and energy to be deregulated. The purpose behind this bill was to allow consumers to choose where they got their electricity and to lower prices for those consumers and businesses. It also allows consumers to reach out and try other types of energy and it ensures that companies give better customer service as
consumers and businesses can change electricity companies now. The article below will discuss the Texas electricity deregulation and other options that consumers and businesses can choose.

The Senate Bill SB7 was passed to deregulate electricity so consumers could have the power to choose where they get energy from, to lower prices for consumers, and get better customer service and create more jobs in Texas. The thought was that if there was good competition between electricity businesses, the prices would drop for all consumers. But unfortunately that hadn’t been the case until recently. Prices went a little lower  but not as much as was expended for consumers until recently when prices have dropped well below what consumers were paying just 2 years ago. The bill would also allow consumers to switch between energy providers or choose alternative ways of energy. Additional competition means businesses will have to keep their customer service strong in order to retain consumers. It also means that there will be additional jobs in the new electricity and energy companies.

With the deregulation of electricity, there is now a power for consumers to decide how they want to get energy. It doesn’t all need to come from the power companies. There are alternatives to regular electricity. It can come from solar power panels, wind mills, fossil fuels, wind turbines and other renewable sources. Each of these choices is better for the environment and there are federal tax incentives for using them. These choices are called Distributed Renewable Generation (DRG) and generate energy from these small energy sources, gather it together and then distribute it out to the subscribers.

The power of choice is one of the best things that has come out of the electricity deregulation for Texans. No longer is there a monopoly on the electricity and energy companies but now there are choices between different companies and different
energy options. ChooseEnergy.com is a website that will help you find the best energy choices in your area. It’s easy to do, all there is to do is to enter your zip code and they do the rest.

 

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