Many Texas electricity users such as families and businesses are finding that their heating costs are risking due to the increasing price of oil. The deregulation of the electric industry can offer real savings on residential, business and commercial electricity use in Texas.

Deregulation of Texas electricity affects the way electricity is generated, transmitted and distributed to the end user. Generation of electricity is the most expensive part of electricity supply and deregulation allows a reduction of costs in this area. For example, the Mercury Room in Houston saved over $13,000 on their electricity supply over a two year period.

In the past, Texas electricity supply was a monopoly in Texas and consumers were not able to choose their preferred provider. By deregulating electricity, Texas’s consumers can now choose their Retail Electricity Provider (REP) in the same way they can choose their telephone service provider. You may recall that the deregulation of telephony services lowered prices and improved service. Texas consumers can expect to see the same results with the deregulation of electricity. Some of these retail electric providers are:

• Franklin Power Company
• GEXA Energy Corporation
• Strategic Energy
• Tara Energy
• APS Energy Services
• Calpine Power America
• TXU Energy Company
• USAVE Energy
• Green Mountain Energy Corp.
• Hino Electric Power Co.