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Can Texans Choose Their Electric Company. If you're a Texan who lives in a deregulated region, you can choose your electric provider. You can choose your electric company in most cases. However, this is not possible for smaller investor-owned utilities or electric cooperatives. Texas currently has 75 electric co-ops, with 64 being distribution units and 11 for transmission. Customers own municipal co-ops. Their profits can be reinvested in the company, or given to customers. Power to Choose has one major problem. It doesn't allow you to sort plans by cost per kilowatt hour. In order to select the best deal, you may have to examine hundreds of contracts. You'll also have to read hundreds of contracts in order to figure out if the "free nights", which are $250 per night, is really worth it. Power to Choose, in short, is not the right solution for everyone. You should review the information and Terms of Service before signing up. Why is Texas so low on energy? Over half of Texas' electric power comes from natural gases. Crude oil and natural gas are also reasons for electricity's lower prices in 2016 and 2015. Recently, natural gas has been ranked the #1 preferred fuel to generate electricity. Does Texas electricity cost less than other parts of the United States? Texas residential electricity rates are 8.6 percent higher than the national average. Texas has about 25% lower commercial electricity rates than the national average.