Sunday, 15 May 2016

How to find the Best Business Electricity Rates in Texas

Would you like to know how to get the most out of your business electricity plan? The business electricity rates in Texas fluctuate on a daily basis due to many factors, including market demand, supply availability, and other factors. To get the best business electricity rates, one has to compare the different plans available to them. This can mean having to scour the internet, contacting multiple companies, providing usage history to several potential retail energy providers, and waiting to hear back from everyone.

            We don’t like to do it that way here at Shop Texas Electricity. We want you to let us worry about tracking down all the possible REPs, contacting them, providing necessary info, and finding you the best rates available. In addition to the market conditions affecting your Texas business electricity rates, each REP may have different rates, even for plans similar to other REPs. Just like your business, they all have differing levels of overhead expenses, staff sizes, and quotas.

            By connecting through Shop Texas, we help you narrow the search based on the energy needs of your business. Every plan we present you is custom tailored to your specific business. There are no cookie-cutter molds of electricity plans, because every business will have different energy requirements. An office will not need the same amount of electricity required by a manufacturing plant, for example.

            We present your business’ electricity needs and energy usage history to different REPs in your service area. They analyze the data, taking into account what they expect your business will need for electricity over the course of a contract period, then provide us with a quote on a business electricity rate. Once we receive quotes from all possible providers, we present you with the one that best matches your needs and is the most affordable.

            All electricity is the same, no matter who sells it to you, so there’s no worry about energy reliability if you get service from a new company or one you aren’t familiar with. It all comes down to energy needs, affordability, and customer service. We’ll help you narrow the search for all three while you sit back and manage the important stuff like your business’ future.

Deregulation Gives Consumers the Power to Choose

At the turn of the millennium, 1999, more than just the calendar was about to change in a big way. This was the year that a new form of energy sector structuring began to take shape in Texas. This was the year that deregulation of the electric utilities was devised to give consumers the power to choose their energy provider.

            Up until 2001, utility companies had the final say on the price of electricity. They set the rates for all residential and commercial electricity, giving consumers very little choice in how much they pay for their energy. On January 1, 2002, Senate Bill 7 took effect and deregulated the energy market in the state of Texas. This took the power to set the rates away from utilities and allowed a fluctuating free market to take precedence. This provided customers with the power to choose who they purchased electricity from.

            The bill has opened up the floodgates of electricity with dozens of providers operating all over the state, and each one offers several plan options. No longer do customers have a measly 2 or three options to choose from, but rather hundreds. Long term, short term, variable, fixed, renewable, nonrenewable; all of these options became available to customers with deregulation.

            The power to choose an energy provider means customers can find the plan that best suits their needs, whether it’s contract length, cost, or energy source. Previously, there was only the sources that the utility pulled from, and they set the contract lengths based on their own terms. Consumers didn’t have the opportunity to take advantage of money saving renewals when prices were lower due to less demand or an overabundance of energy. Now, prices fluctuate daily, and consumers can change plans and providers when their contract expires or, if they’re on a variable plan, at any time they like.

            With hundreds of plans to choose from between dozens of providers, and no penalties to switch plans or providers, the power to choose your own electricity plan really seems like the way to go. It’s almost a wonder why we didn’t start doing this sooner.