From February 2023 to February 2024, the average electricity rate in the U.S. increased by nearly 3%, according to the U.S. Bureau of Labor Statistics (BLS). Additional BLS data shows that electricity prices have climbed 29.1% in the past decade and 90.1% over the past two decades. “We are seeing significant changes in both the…
In a deregulated energy market, you can choose your retail electricity provider and have more power over the price you pay and even the makeup of electricity sources — renewable or non — that power your home. In a traditional energy market, consumers must use the utility company assigned to them based on their address.…
If you live in Texas and have seen a rise in your electricity bill, it may be time to switch your energy company. That’s because Texas is one of the 14 states that has deregulated energy — meaning that instead of being locked into a government-owned and operated power supplier, consumers can shop around and…
If you live in a state with a deregulated or restructured market, you’ve probably looked into switching your utility company. Growing concern for cost-conscious living and an increase of solar energy options can leave homeowners scratching their heads as to the best way to approach energy supply to their home. In this guide, we’ll dive…
Texas is one of 17 U.S. states to deregulate its energy market, according to the Environmental Protection Agency (EPA). Deregulation means that customers have the power to choose their energy provider. The competition among providers helps keep retail electricity prices low compared to regulated markets. This freedom also enables you to choose a provider that…