Customers can find deals in competitive electricity markets if they take the time and effort to look at web sites such as powertochoose.org, the official comparison shopping site of the Public Utility Commission. The study cited a PUC survey of retail electricity offerings in Houston that showed nine deals in March that were lower than the regulated price of electricity in San Antonio.
Texas deregulated most of the state's electricity markets in 2002, a move aimed at lowering electricity costs by letting consumers choose their own electric power providers and their own plans. Some parts of Texas continued to be regulated, including those that get power from municipal utilities, electric cooperatives and investor-owned utilities that operate outside the state's primary power grid.
Along with its sizeable population, the city also maintains one of the higher electricity usage levels in Texas and averages 1,400 kWh worth of consumption per month, exceeding the national average by around 500 kWh. In addition, residents pay an average monthly electricity bill of over $130, once again topping the US average. This makes the ability to select from various service providers important, as it presents an opportunity for the people to cut back on the expenses they incur each and every month.
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.
There seems to be a lot of talk about cybersecurity lately. At first glance, it might seem like a subject that doesn’t really apply to energy, however if we take a closer look, we can see that energy related cybersecurity is extremely important. We know this because the Department of Energy has recently released a cybersecurity strategy to try and strengthen our electricity grid’s security, processes and management. The reason why they developed this strategy is to try and better manage the hacking activities that have taken place in recent years. Before we dive into the strategy and the different ways...
Switching to a different electricity supplier in Texas is kind of like picking a different phone company. When you switch to Spark Energy, the utility will continue to deliver your electricity, and they will remain your point of contact in case of an emergency. We’ll bill you monthly for the utility’s delivery services and for your electricity usage.
“ I have the generous saver plan that renews annually. I just renewed for my second year. We love this plan! saving so much I had to call in a couple times to make sure they were charging me correctly. I had never paid under $100 in the summer before in the middle of the heat waves in Texas. I recommend and no I do not work for them, just a regular customer. ”
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...
On July 5, 2017, Spark Energy Inc. published a press release announcing that their acquisition of Verde Energy is official. Verde Energy will now offer its services within Spark Energy Inc.’s brand of products. About Spark Energy Inc. Founded in 1999, Spark Energy Inc. is a retail energy provider for both residential and commercial energy consumers in 19 states. They provide services to 94 territories with headquarters located in Houston, Texas. The company provides a wide range of services with an emphasis on reasonable rates, stable rates as well as green energy options. About Verde Energy Verde Energy is a...
If you need cheap electricity in Fort Worth, TX, you’ve come to the right source. Vault Electricity provides you with a list of top electric companies that deliver cheap Fort Worth electricity rates through service plans that are designed for different needs. Each company on your list offers transparent pricing, has great business stability, and brings an eco-friendly approach to producing electricity.