How has deregulation affected Friendswood?
Here’s what the latest statistics from the U.S. Energy Information Administration show:
- Texas residential electricity rates are nearly 9.5 percent lower than the national average.
- Texas commercial electricity rates are nearly 26 percent lower than the national average.
- Texas industrial electricity rates are nearly 23 percent lower than the national average.
- Texas generates the most electricity of any state from wind.
- Texas generates the fifth-highest amount of electricity from solar energy.
Deregulated energy in Texas began on January 1, 2002 when a bill was passed to break up the utility company monopoly. While this sounds confusing, it’s actually very simple. Where previously consumers were forced to buy energy from their area’s utility company (which could charge whatever price it wanted), consumers are now free to compare rates and plans from many providers and choose the one that they want.
This has made the market more competitive and given residents in deregulated areas more choice and lower energy prices. Friendswood residents can shop for a plan that fits their needs. Take a look at what’s available in Friendswood today and make the choice that’s right for you.
Friendswood utility companies & energy providers
Energy deregulation changes how utility companies operated. Previously they handle all aspects of the energy process, from sales to delivery. Now they handle only delivery and power line maintenance, while individual retail electric providers sell energy plans to residents.
Friendswood has two utility companies: CenterPoint Energy and Texas-New Mexico Power. These companies are who you call if you experience an outage or have an infrastructure issue. Friendswood residents can purchase energy from a variety of suppliers, and Choose Energy has partnered with the best. Customers can choose plans from trusted providers such as TriEagle Energy, Reliant Energy, 4Change Energy and more.
Friendswood renewable energy
Texas is taking the renewable energy industry by storm, leading the field in wind energy. The Lone Star State is also making strides in solar power, not trailing far behind the likes of California and Arizona.
Thanks to providers like Amigo Energy and Green Mountain Energy, Friendswood residents can be friends of the environment too, with energy plans sourced from renewable options. Enter your ZIP code above to see current green energy options in your area.
(Last updated 8/26/2019)