Texas deregulated its energy market in 2002. Basically, deregulation gave the majority of the Lone Star State, including Corpus Christi, the ability to pick energy suppliers from a pool of companies. The idea was that energy deregulation in Corpus Christi would push competitors to lower prices, consequently driving down energy bill costs for the consumer.
And just like with any plan, it’s worth it to do the math to see how different scenarios will affect your bill. Take, for example, a home in Sweetwater that uses about 1,000 kWh of energy per month, and is interested in the Energy Comparison plan. Zero percent renewable energy is the cheapest option — but by committing to a $5 monthly charge for its 100 percent “Best Electricity Rates” option, it’s actually cheaper than the 60 percent hybrid renewable option.
Since 2002, the majority of Texans have had to choose their own Retail Electric Provider (Gas And Electric) – the middleman that buys electricity wholesale, then sells it to you, the consumer. According to the Best Electric of Texas’ 2017 report, the Lone Star state is “the national leader in competitive residential, commercial, and industrial offerings,” which means there are well over 200 providers bidding for your attention.
As we compete to earn the business of more than four million customers every day, Electric Service Providers will continue to lead energy innovation that makes a difference in people's lives. Don't worry about our size. We may be one of the biggest residential energy retailers in North America, but we provide big-business know-how without giving up the dedication you'd expect from a neighborhood energy provider.