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http://theelectricchoice.com/energy-deregulation-states/the-deregulation-of-e...
How Electricity Deregulation Works in Texas
Do you remember when you did not have a choice in which you chose for your electricity? It seemed there was only one company and there was never an option, right? That is because there was only one company and it was before the deregulation of energy, which meant you had no choice whatsoever. However, 10 years ago in Texas, a bill passed to deregulate the utility so that other companies could freely sell electricity.
How Does Texas Electricity Deregulation Affect Customers? What does electricity deregulation in Texas mean for you? It not only gives you a choice to choose an electric company other than the main one that has help the monopoly for many years but you also can get it for cheaper, which is what the consumer loves best. Of course, having a choice of providers is what energy deregulation is all about. In addition, who does not like to have choices that were not available for many years due to the tight monopoly that was on the energy in all states in the United States.
When the deregulation first hit the state of Texas, there was a curiosity about it and many companies began springing up to offer electricity to both residents and business owners. It is amazing how much you can save because the new companies could sell you the electricity for cheaper than what you had been paying. This meant that the main utility company began lower their prices in an attempt to compete in the new deregulated era. This was a very interesting time not just for Texas but it was happening all over the country.
If you are old enough to remember before the cell phone was invented, land line phones were all we had to choose from and this was by one Telephone Company in Texas and other states had only one as well. More telephone came on the scene as there was no longer a monopoly in telecommunications, which is exactly what has happened with electricity and other energy sources. Today, check in your area and see if you have a choice and compare prices and see how you can save on your energy costs.
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