How has deregulation affected McAllen?
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’s energy market became deregulated in 2002, when the state legislature voted to break up the monopoly utilities had previously had for a majority of the state. In the past, residents were given only one option for their energy supply: the utility company. This meant the utility could set prices and plans as they desired.
Now, McAllen residents can shop around for a plan that fits their needs with the provider of their choice. The energy market is now a competitive place with a variety of options to choose from and constantly changing prices. To help consumers through this process, Choose Energy’s marketplace shows current rates from top providers with options from green energy to free weekends and more. See today’s prices in your area of McAllen.
McAllen utility companies & energy providers
Because deregulation made the energy market competitive, utility companies now operate a little differently. Where utilities once controlled the entire energy process, now they just deliver the electricity and maintain the power lines. Meanwhile, customers purchase specific energy plans from energy providers who coordinate with the utility to supply the homes.
In McAllen, AEP Texas Central is the utility company responsible for transmission and infrastructure. If you have an issue with your electricity or experience a power outage, this is who you call. As for energy providers, there are dozens to choose from. Choose Energy has partnered with some of the best, including TriEagle Energy, Cirro Energy, and Just Energy, to make sure our customers get reliable service.
McAllen renewable energy
The country relies on Texas for much of its renewable energy generation. Home to three of the biggest wind farms in the world, the Lone Star State leads the nation in wind power capacity. It’s also rapidly gaining in the solar energy space, currently ranking fifth.
Because of this, Texas residents have more opportunities than ever to source their homes’ power renewably. This goes for McAllen too, where Choose Energy has partnered with green energy suppliers Amigo Energy and Green Mountain Energy to offer residents the option to save the environment and money at the same time.
(Last updated 8/13/2019)