Located in Northern Texas, Fort Worth was founded in 1849. Based on population, the city is the fifth largest in Texas and boasts a population of almost nine-hundred thousand citizens. Originally founded as an army outpost, the city has transformed into one of the most prolific cities in the state. As part of the DFW metroplex, it contributes to the fourth largest metropolitan area in the United States. Due to the fact that Texas as a whole maintains a deregulated market, the city’s residents are able to select from a variety of energy service providers.
Eversource, an electricity services company headquartered in Boston, Massachusetts, recently announced that they plan to reduce their electricity rates during the summer months of 2017. With over 1.7 million customers, the company hopes that this decrease will contribute to its mission of delivering safe, affordable and reliable energy to western areas of the state. Details on Changes According Massachusetts state law, Basic Service supply rates need to change twice a year. These changes take place on pre-defined dates: January 1st and July 1st. Due to this law, Eversource put in this request earlier this month with the Department of Public Utilities (DPU) of Massachusetts. This...
Since the deregulation of energy began impacting Dallas/Fort Worth in 2002, the residents of the DFW metroplex have been given their choice of electricity provider. The power to choose prepaid electricity in Dallas and Fort Worth has brought about a new way to buy electricity by means of a smart meter. Smart meters read electricity usage in real-time, allowing electric companies to connect a customer and read their daily usage in minutes. This in turn saves the company money and allows them to pass the savings on to you, the customer.
Even though customers in deregulated Texas markets routinely pay more for electricity, there is a bright spot. The gap between the average price paid for electricity between deregulated and regulated market has shrunk to 8.8 percent. In 2006, customers in deregulated cities were paying nearly 47 percent more for electricity than their counterparts in regulated cities.
Residents get to choose their provider as there are many different ones serving the area. With a total of 7.5 million customers, Oncor Electric Delivery manages Fort Worth's utility service areas and distributes power to residences. Although residents can only have Oncor Electric Delivery as their utility company, they get their choice of suppliers. Several energy providers serve Fort Worth, and it can sometimes be hard for people to know which service to select. Choose Energy helps connect consumers with reliable energy companies such as TriEagle Energy, TXU Energy and Direct Energy.