In 2002, electric service was deregulated in the state of Texas, meaning customers may select any provider for power. That’s good news for consumers in Euless. Deregulation means that energy consumers have the power to choose among a number of different suppliers from which to purchase electricity.
In Euless, Oncor Electric is the utility provider, or the company that transmits and distributes electricity. Regardless of which company you choose as your Euless electricity supplier, Oncor will remain the utility. It’s also the company you alert when experiencing an outage.
Prior to deregulation, one utility company serviced each area, while the state controlled rates. That system created no incentive for companies to lower the rates, at the detriment of consumers. Texas deregulation changed that and helped create a natural competition.
Choose Energy is a marketplace that offers cheap, no-deposit electricity plans, shows you how to move your electricity services or switch providers. Ready to make the move? Enter your ZIP code to find out more information about Euless electricity rates.