How has deregulation affected Spring?
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.
In 2002, Texas deregulated its energy market, allowing consumers to choose their energy provider from a pool of companies. The thought behind the switch is that a deregulated energy market would result in competitive pricing between companies and lower energy rates for consumers.
Because of deregulation in Spring, consumers are no longer limited to a single energy provider. Like shopping for a reliable and affordable refrigerator, consumers in Spring can choose the best and most reasonably priced energy supplier. See what suppliers are offering in your area.
Spring utility companies and energy providers
Deregulation in Spring has also affected utility service operations. The three main components – transmission, distribution, and sales – were previously facilitated by the same utility service. While the utility company still facilitates energy transmission and distribution, consumers can now decide between several energy suppliers in Spring.
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 top companies, like Reliant Energy, TriEagle Energy, and 4Change Energy.
Spring renewable energy
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. Several energy suppliers in Spring offer renewable energy plans. With a green energy plan, you can offset some, or all, of your monthly electricity consumption and reduce your carbon footprint.
Next steps for an energy plan in Spring
Enter your ZIP code to find the most accurate real-time electricity rates in Spring. You can sort by price, plan term length, brand, and more. When you find the plan you like, sign up online or call to order. Either way, it only takes minutes.