Energy consumers in Texas have the option to switch to a different energy company in order to choose a plan that suits them well.
Written by Jordan Adam
During peak periods, electricity can be quite expensive for most consumers. Even in times of slack demand, the reductions in prices do not match the spikes during times of high usage.
In Texas, utility customers are able to switch electric companies, and obtain plans with variable or fixed rates. The power that is furnished to large energy purchasers is often less than residential customers pay, but homeowners are finding comparable electricity pricing when they switch to a different provider in their area.
Times when there is a fall in demand for electricity are reversals of what has otherwise been a steady increase in prices, says the Wall Street Journal. For several decades, the electricity sector has enjoyed gradual increases in demand. There were declines during the economic recession of 2008, but never two annual periods that showed consecutive declines, since 1950.
Customers who want to get the best electricity pricing on a more consistent basis can choose their own utility company in Texas. Some customers do pay prices that are based on longer-term contracts, but when switching to a different company, they can choose the plan that suits them well.
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