How has deregulation affected Haltom City?
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.
The Dallas-Fort Worth region is not the only part of Texas that is deregulated. In fact, the utility company monopoly was broken up in a majority of the state with the passing of Senate Bill Number 7 in 2002. This bill changed how the energy market worked, opening it up to competition among a variety of retail providers.
The deregulated energy system allows consumers to get a better deal on their electricity service since providers offer many plans and lower rates to compete for customers. Residents in deregulated energy zones can find the plan that works best for them and their situation rather than being stuck with the rates the utility company used to set. The marketplace can show you today’s rates and plans for your part of Haltom City.
Haltom City utility companies & energy providers
Energy deregulation changed the way that utility companies operated. Where previously they managed all aspects of the energy process, from selling plans to residents to delivering the power and maintaining the lines, now they just handle the last two pieces. Meanwhile, residents purchase electricity from a retail provider who then coordinates with the utility to get the service started.
Haltom City’s utility company is Oncor Electric Delivery, one of the biggest utilities in the state. Oncor is who residents call when they have an issue with their service or are experiencing a power outage. To buy a new energy plan, residents can compare plans from a variety of providers including 4Change Energy, Bounce Energy, and TriEagle Energy among others. There are many options and it can be hard to know which service to trust, so Choose Energy has partnered with a few of the most reliable to make the process simpler.
Haltom City renewable energy
In today’s world it is more important than ever to keep an eye on energy consumption and be a friend to the environment. Thankfully, Haltom City finds itself in a renewable energy capitol of the country. While Texas has always been known for its energy industry, recently that industry has been heavily focused on renewables, leading to its ranking as the first state in the nation for wind power. Solar power isn’t far behind, with more projects going in every day.
Residents don’t have to invest in solar or wind power to make a difference, though. A few energy providers offer electricity plans sourced from renewables to help residents go green. In Haltom City, Choose Energy partners with both Amigo Energy and Green Mountain Energy to bring green options to the area.
(Last updated 8/27/2019)