Corpus Christi electricity rates were deregulated in 2002, when state legislation created a system in which the utilities, also known as transmission and distribution service providers (TDSPs,) and retail electric providers (Compare Energy Companies) work together to give you energy choices. Deregulation gives you the opportunity to compare electricity prices from Compare Energy Companies, which have to compete with one another for business.
As a result, 85% of Texas power consumers (those served by a business not owned by an utility or a town cooperative) can select their electricity service from a range of retail electrical companies (resellers), or the incumbent energy company. The incumbent provider in the area still owns and preserves the regional power lines (and is the company to hire the occasion of a power blackout) and is not subject to deregulation. Customers served by cooperatives or local utilities can select an alternate electricity provider but only if they have actually “opted-in” to deregulation.