powertochoose texas
Why is Texas such a cheap place to get energy? Natural gas is responsible for almost half of Texas's electricity. A second reason is the low cost of electricity in both 2015 and 2016. This can be attributed to natural gas as well as crude oil. Recently, natural gas has been ranked the #1 preferred fuel to generate electricity. Are Texas's electricity prices lower than those in the other 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. Power to Choose is a new website created by the Texas Public Utility Commission to enhance its image in the utility industry. Consumers can compare rates and pick the most suitable provider in Texas by using this website. Power to Choose Texas offers a wide range of Texas energy options, which is different from the old. But, many consumers complain about the lack of a guide to comparison shopping. Texas has a vibrant power market. It is competitive and offers customers many options as well as lower prices. The market's competitive nature is essential for reliability and lower prices. In a deregulated marketplace, however, businesses must offer incentives to generate additional capacity. The Association of Electric Companies of Texas is aware of this trend. However, it denies that more competitive markets can create better deals. But they do acknowledge the fact that there is a more competitive market for energy. It will also become easier for consumers to search comparison websites in order to determine the price and service of a particular company.