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Georgetown energy rates

Residents in Georgetown enjoy culture, entertainment, and a deregulated energy market. Deregulation gives consumers the power to choose their energy supplier from a pool of companies and may result in better energy rates.

Georgetown energy prices can vary monthly. Depending on the time of year, consumers may find lower rates when shopping for energy plans. Learn more about Georgetown energy rates and the options that are currently available.

Georgetown energy deregulation

How has deregulation affected Georgetown?

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.

Texas deregulated its energy market in 2002. Essentially, deregulation gave the majority of the Lone Star State, including Georgetown, the ability to select their energy supplier from a pool of companies. The idea behind the change is that this power to choose results in competitive pricing between companies and lower energy rates for consumers.

Because of deregulation, Georgetown residents are no longer limited to a single energy provider. Like shopping for a reliable and affordable refrigerator, consumers in Georgetown can choose the supplier that works best for them. Enter your ZIP code above to see what suppliers are offering in your area.

Georgetown utility companies and energy providers

Deregulation in Georgetown has also affected operations for utility services. The three main components – transmission, distribution, and sales – used to be facilitated by the same utility service. While the utility company still facilitates energy transmission and distribution, consumers can now choose between numerous energy suppliers in Georgetown.

Consumers have the power to choose among several Georgetown energy suppliers. With so many options, it can be difficult to know which service is best for you. Choose Energy has entered into cooperative agreements with some of the most reliable companies, such as Reliant EnergyTriEagle Energy, and TXU Energy.

Georgetown renewable energy

As mentioned above, Texas is one of the country’s biggest producers of wind power generation and has reached number five in the category of net generation of renewable energy. Georgetown is following the state’s example. In 2018, the city claimed that it was 100% renewable, consuming less total energy than the amount of renewable energy produced.

Numerous Georgetown energy suppliers offer renewable energy plans. With a green energy plan, you can offset some, or all, of your monthly electricity consumption and reduce your environmental footprint while supporting job growth in Texas.