Texas deregulated the energy market in most of the state effective January 2002. Before then, electricity rates in Grand Prairie and the rest of the state were set by utility companies, and there was no choice. Rates had to be approved at the state level, but consumers had no other protection.
Deregulation separated utilities from the supply end of the business. Now they’re responsible for transmission of electricity from the provider to the consumer and for maintaining the infrastructure needed to do that.
As for consumers, they now have the power to choose a provider based on rates, term lengths, renewable energy content and other factors.
Here’s where things stand in Texas electricity:
- Texas residential electricity rates are 10 percent lower than the national average.
- Texas commercial electricity rates are nearly 23 percent lower than the national average.
- Texas industrial electricity rates are nearly 16 percent lower than the national average.
The Choose Energy marketplace shows what’s available and provides resources to help make a selection, including how to move your electricity service and how to switch to a different provider. Another helpful resource is information about no-deposit electricity plans in Grand Prairie and elsewhere.
Enter your ZIP code to see if you can capitalize on great electricity rates in Grand Prairie.