An additional bill was passed in 1999 that helped further establish a competitive electricity market by creating a price floor to prevent established energy providers from underselling emerging providers. In 2002, Texas finalized deregulation when the Public Utility Commission gave ERCOT the responsibility of managing and monitoring the Texas electricity market. The market opened up to around 6 million Texas power customers.
The Public Utility Code authorizes the PUC to collect an annual fee of $350 from each licensed / certified supplier, broker, marketer and aggregator of electricity and natural gas approved to do business in the Commonwealth of Pennsylvania. In addition, an annual supplemental fee based on reported annual gross intrastate operating revenues will be applicable to suppliers of electricity and natural gas.
Energy deregulation in Texas means you have the opportunity to shop electric companies to find the one that's right for you. What are the best electricity companies? That depends on what YOU want. Here at SaveOnEnergy.comĀ®, we work with nearly all the top electric companies to make sure you'll get reliable, straightforward service and plans, regardless of the retail electricity provider you choose.
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