11/20/2023 0 Comments Lubbock electricitySince citizens in those areas don’t have a choice over the rate they pay, there is no electric competition among retail electric providers (REP). Instead, the electricity provider is chosen by the local government. What does energy or electricity deregulation mean? To put it simply, a deregulated energy market allows customers to choose their own electricity provider and energy plans.īefore 2002, all of Texas was regulated, but now, more than 80% of Texans have the power to choose their electricity service in a deregulated market.Ī regulated energy market gives the customer no control. Make sure you understand what’s about to happen so you can have the lowest Lubbock electricity bill possible.īefore we discuss what is currently happening in Lubbock, let’s cover the basics of the Texas electricity market and electricity choice. Read on to learn about electricity deregulation as a whole and how it applies to Lubbock, Texas. More electricity companies and lower bills (if you know what you’re doing) are just a couple. What does this mean? Many things, actually. ![]() Lubbock will soon be a part of the deregulated energy market, like the majority of Texas is. However, the future holds something entirely different. Your bill was your bill and the rate you paid per kWh was decided for you, no questions asked. For many years, as a Lubbock electricity consumer, you have had no choice in who your electricity provider was.
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