In 2002, the Texas energy market was deregulated, which made space for energy suppliers to sell energy. Before this decision, energy was delivered by a utility at one rate. As a result, competition within the energy market was nonexistent.
With the energy market opening up, companies began to compete for business by introducing low rates, energy plans, clean energy sources, and flexible payments options, including prepaid energy plans. This benefited Allen residents, as they now had access to lower energy rates because they no longer had to purchase energy from their local utility company.
These energy suppliers made it possible for Allen residents to control their energy costs. In Texas, the residential electricity rates are 11.4 percent lower than the national average, according to the Energy Information Administration.
So, how can Choose Energy help? By using the Choose Energy marketplace, you can enter your zip code and see Allen electric companies are offering service in your area, but there is so much more that can be done.
In addition to checking the available energy suppliers and rates in your area, you can use the Choose Energy marketplace to access resources and complete various energy-related tasks and: