(September 30, 2020)
In Texas and several other states, the energy market is deregulated. In short, deregulated energy means consumers can choose which retail electricity provider (REP) they want to purchase electricity from. Several providers, also known in some states as suppliers, compete for consumers’ business, and this can lead to lower electric rates and, occasionally, energy deals and promotions.
Deregulated states approach deregulation independently. Read on to learn more about the history of deregulation in the U.S. and in each deregulated state.