As a result, 85% of Texas power consumers (those served by a business not owned by an utility or a town cooperative) can select their electricity service from a range of retail electrical companies (resellers), or the incumbent energy company. The incumbent provider in the area still owns and preserves the regional power lines (and is the company to hire the occasion of a power blackout) and is not subject to deregulation. Customers served by cooperatives or local utilities can select an alternate electricity provider but only if they have actually “opted-in” to deregulation.
Yesterday, Shell Energy North America announced that they have officially signed an agreement to purchase MP2 Energy LLC. The signed agreement is only the first step in the acquisition process, as the agreement still needs to be approved by regulators. This approval process is expected to wrap up before the last few months of 2017. According to a recent press release published by Cision PR Newswire, Glenn Wright, Vice President of Shell Energy North America provided the following statement: “We are proud to bring MP2 into the Shell Energy North America family,” he said. “MP2 has established itself as a significant...
There are many people across the United States that rely on government run assistance programs to help pay their electricity bills. The primary purpose of these assistance programs is to ensure that everyone, regardless of financial income, has access to basic needs like electricity. Texas in particular offers a few assistance programs. However, as of late there has been some confusion as to which plans continue to provide electricity consumers with assistance, and which ones have ended. One of the biggest programs we get questions about the most often is Lite-Up Texas. This assistance program is actually defunct, meaning that...
At TXU Energy, we’re proud to be a part of this coastal community and have been providing Corpus Christi electricity service for years. We offer straightforward pricing, great plans and responsive, knowledgeable customer care consultants who are available 24 hours a day, 7 days a week. Our commitment to helping people is one of the reasons we put this information together for our Corpus Christi electricity customers.
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