About 14 years ago, Texas deregulation laws initiated competition for electric companies. In Fort Worth, people in the community can pick a retail electric provider (REP), but not all renters, business owners and homeowners in Texas have this option. If consumers own a business, live or rent in the city, they can decide amongst Fort Worth electric rates in their ZIP code.
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.
With close to 1 million residents, Fort Worth is a part of a fast-growing metropolitan area – including Arlington and Dallas – in North Central Texas. The city is made up of seven districts, all of which are deregulated. Aside from Fort Worth electricity supply options, the city has hidden gems when it comes to entertainment. Check out local spots such as craft breweries, music halls and authentic western apparel stores. The city is known as "Where the West Begins" for a reason!
With stormy springs, hot summers, and mild winters, there are lots of things to plan for from season to season in Fort Worth. Make your electricity bill the least of your worries and lock your rates prior to the hot summer months to help you save money on your bills. When you lock in your rate, you can rest easy knowing that you don't have to be concerned about fluctuating energy prices during these warmer months. We offer fixed rate plans for as short as 3 months to as long as 36 months!
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...