Our Energy

In 2002, Texas adopted a deregulated energy market, which grants consumers the ability to select their electricity provider. This has led to a competitive environment among providers, resulting in lower energy costs and improved customer service. However, many Texans are still unaware of the advantages of deregulation.

With a deregulated market, consumers have the autonomy to pick their electricity provider rather than being confined to one utility company. Providers must strive for customers by offering competitive prices and plans. This competition fosters innovation and improvement within the industry.

Consumers can take advantage of this competition by comparing plans and rates from different providers to find the best option for them. They also have the option to switch providers or plans if a more favorable option becomes available. However, with the vast number of energy companies and plans in Texas, it can be challenging to find the best option. SlashPlan simplifies this process by comparing live rates from energy companies and displaying them in a single dashboard, including the final price for each plan and any hidden fees, to provide a fair comparison. This empowers consumers to confidently choose the best energy rate.