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A high level overview of electricity deregulation in Texas and how to compare and shop for an electric plan.
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Electricity Shopping in Texas Made Easy
Texas Energy Deregulation
Overview and the Switching Process
Background
» The largest electricity market in the United States
» 11th largest worldwide market
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Introduction
» January 1, 2002 Electricity deregulation came into force of Texas Senate Bill
» Since 2002, approximately 85% of commercial and industrial customers and approximately 40% of residental customers in Texas had switched power providers at least once.
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Electricity Basics
» The Competitive Electricity Market
» Retail Electric Providers (REPs)/Electric Companies
» Power Generation Companies
» Transmission and Distribution of Electricity
» Repairs and Emergencies
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Reasons to Consider Switching
» You have the right» A wide variety of electricity
products and plans available in the marketplace, you may find a plan that provides you with significant savings or provide more certainty than your current plan.
» You may also want to consider switching to an electricity product that uses primarily renewable energy.
» Some Retail Electric Providers also have other value-added services
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Questions to Ask Yourself
» Am I satisfied with my current Retail Electric Provider?
» Do I have a contract with my current Retail Electric Provider that includes a cancellation fee?
» I am on an average monthly payment plan - will it continue if I switch to a different Retail Electric Provider?
» Will I have to pay a deposit?» What if I miss a payment?» Is there a cost to switch
providers?
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The Switching ProcessEnter your Zip Code
Compare and Shop Electricity plans and providers
Switch and start saving
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The Switching Process
» Your new electric service plan won’t take effect until your next scheduled meter read, which could take up to two billing cycles or sooner if you will ask.
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The Switching Process
» Switching providers will not interrupt your electricity service
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The Switching Process step by step
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Go to www.shoptexaselectricity.com
The Switching Process step by step
» Enter your ZIP
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*****
The Switching Process step by step
» Shop and Order electricity plan of your choice.
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The Switching Process step by step
» Follow your new Retail Electric Provider’s instructions to finish your order
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Electricity Shopping in Texas Made Easy
14www.ShopTexasElectricity.com
Electricity Shopping in Texas Made Easy
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