Texas deregulated electricity in 2002, a decision that opened the electricity supply to competition. That’s a good thing for consumers in North Richland Hills. Deregulation means that energy consumers have the power to choose among a number of different suppliers from which to purchase electricity.
In North Richland Hills, Oncor Electric is the utility provider, meaning that’s the company that transmits and distributes electricity, regardless of which retail electric provider (REP) you choose. It’s also the company you alert when experiencing an outage.
Prior to deregulation, one utility company serviced each area, with the state controlling rates. The problem with that system was that there was no incentive to lower the rates. That meant there was no competition. Deregulation changed that and helped create a natural competition.
Choose Energy is a marketplace that offers a variety of electricity plans, including no-deposit options, shows you how to move your electricity services or switch providers. Ready to make the move? Click on one of the links below for more information.