When the state of Texas deregulated electricity in 2002, Texans were given the power to choose. The most important choice stemming from deregulation is narrowing down which Retail Electricity Provider (REP) is right for you. Lots of choices are great—but to ensure you pick the best REP to serve your utility needs, there are several things to consider:
Choose a REP who provides the best overall package
If you’re thinking about switching, you’re obviously shopping around for a lower rate. The very best retail electricity providers offer competitive rates that are consistent with the contract’s length-of-term. There are some providers that will lure consumers in with low rates and then will try to change the rate afterwards once the consumers sign the contract. Knowing what exactly is in your contract is in your best interest.
Aside from the difference in electric rates, REPs also compete with regards to the quality of offers and promos they have for the consumers. As you can imagine, these companies are always in search of the most beneficial deals they can offer to the public. As a result, people are in a better position to get the best packages and deals that can save them a lot of money on electric bills.
Choose a REP who is financially stable
The Public Utility Commission of Texas (PUC), the state agency that is responsible for the regulation and oversight of electric and local telecommunication services in Texas, has recently strengthened the qualifications for companies interested in offering service in Texas’ retail electric market. Although the PUC can’t guarantee that a REP does not go out of business, it has put the REP certification rules in place to protect you, the consumer.
Partner with Live Energy to make the right choice
Having the power to choose is good only if you can use it safely. At Live Energy, we only work with the top retail electricity providers who have a proven track record coupled with sound financial backing. With 10 years of experience in the deregulated market, we can help you make the right decision for your electricity needs. Call one of our certified electricity advisors at 877-810-7700 today to find out more.