Startex Power

In 2002, Texas implemented a deregulated energy market, which allows consumers to choose their own electricity provider. This has resulted in a competitive environment among providers, leading to lower energy costs and improved customer service for consumers. However, despite the benefits of deregulation, many residents of Texas may still be unaware of this option.

With the deregulated market, consumers have the freedom to choose their preferred electricity provider, rather than being restricted to a single utility company. This competition among providers encourages innovation and improvement within the industry, resulting in better service and cost savings for consumers.

Consumers can take advantage of this competition by comparing rates and plans from different providers to find the best option for their needs. They also have the option to switch providers or plans if a more favorable option becomes available.

However, the abundance of energy companies and plans in Texas can make it challenging for consumers to find the best option for them. To simplify this process, there are tools such as SlashPlan, which compares live rates from energy companies and displays them in a single dashboard. It also calculates the final price for each plan, including any hidden fees, to provide a fair comparison. By using such tools, consumers can confidently shop for the best energy rate available to them.