Texas Residential Electric Rates
On January 1, 2002, the State Senate passed Texas Senate Bill 7, phasing in electricity deregulation over several years. As a result, Texas residents can now choose their electricity service from a variety of “Retail Electric Providers.” Although many Texas residents receive their electricity from AEP, CenterPoint Energy, and TNMP Company, there are many other electricity providers to choose from that can provide residents with more efficient and cost-effective services.
The Energizer® Power Portal has vetted energy suppliers from across the country to establish a network of high-quality suppliers who can deliver homeowners quality energy at an affordable price. Plans and product options are listed below and more information can be found here:
- Fixed Rate Plans
- Variable Rate Plans
Why Do Texas Homeowners Switch Energy Suppliers?
The biggest reason to switch your energy provider is to save money. Texas residents have the freedom to choose the service that will be most affordable for them. Savvy business owners want to save money wherever they can, and switching electricity providers is a great way to cut costs at your commercial property. When you use our service to switch energy providers, you can be sure that you have access to the best options available. The power to choose is in your hands.
Remember: natural gas and electricity are commodities with prices that fluctuate with the commodity markets on a daily basis.
If I make the switch, who provides power to my home?
If you sign up for a deregulated energy plan, your local utility will still be responsible for sourcing your energy from your contract’s third-party supplier. However, regardless of whether you choose a deregulated energy plan, your local utility will still deliver the power to your home. Therefore, if there is a problem with your electricity, you will still call this provider for assistance.