Austin TX Real Estate - Hill Country Austin Lakeway Homes for Sale: Texas Electricity is DeRegulated... for the most part

Texas Electricity is DeRegulated... for the most part

A few years ago, Texas became deregulated to help promote healthy competition between some electric companies in the hopes of bringing down the cost of electricity.  Within this deregulation, instead of 3 main companies in the area, there are now probably close to 100.  Even with the main ones in the area, you could only use the company that covered the area you lived.

TEXAS ELECTRIC CHOICE - The power is yours. Use it.

There is a great website that consumers need to know about where you can go and compare all the different rates that are charged and view what the terms and conditions are.  This website is http://powertochoose.com/.

This site has helped many countless new buyers pick the best rate for them.  You can even choose between traditional electricity or a "green" company that works off windmills.  Granted, all the electricity comes from the exact same place, so it doesn't matter who you choose, it's just about price and customer service.

On the other hand, the title does say "for the most part."  There are a few areas where the cities are not "allowing" deregulation.  And the most frustrating part is that it's not for an entire city or area.  The city of Garland has Garland Power and Light.  You don't know if you have to use them until or unless you call the city and see if that particular address is part of their system or not.  I always warn Garland buyers about this.

A few parts of Murphy TX are part of a co-op as well.  I didn't know that until I explained the power to choose website and the buyers picked what they wanted and found out they weren't allowed to choose.

I think Texas should either be entirely deregulated or go back to the system we had.  It's ridiculous that you never know from address to address what the requirements are for that house.  I wish people would consult me before making "not-so-smart" decisions.

Comment balloon 3 commentsDonna Harris • August 21 2007 12:22PM

Comments

Ah but deregulation worked so well for the phone companies....  Las Vegas was considering going that route, but Nevada Power has a really strong lobby and got it shot down. Oddly enough Boulder Ctiy (about 20 miles from Vegas) gets its power through a deal with the Federal Government. It is A LOT cheaper than the rest of the state. It came about because of the dam. My dad's power bill is just over 100 in the summer, versus about 400 + for mine. -Charles
Posted by Jacqulyn Richey, Las Vegas Real Estate (Prominent Realty Group) almost 11 years ago
Hi Charles!  Yes, we have an issue with phone companies and cable companies too.  My neighborhood has SBCGlobal which is now AT&T with Fiberoptic to the curb.  However, my parent's neighborhood has Verizon and it's much better and faster, but we're not given that choice at all.  You have to sign up with whomever covers that area.  Phones not deregulated, though I use Vonage for my main line.  I wish my electric bill was anywhere near $200 muchless $100!
Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) almost 11 years ago

GP&L states that "Garland residents breathe a sigh of relief as Garland avoids deregulation woes." Funny thing is... they are the only ones that heard that. How OVER OBVIOUS do these criminal and unconstitutional acts have to be before the residents of Garland come together and stand up for themselves? Someone needs to be held accountable for this.IT'S TIME FOR CHANGE!!! "REVOLT"

Posted by Mark Patterson almost 3 years ago

Participate