There is one thing that I learned about the companies that provide electricity in Texas. They are competing so hard to get a person to choose their service over their competitors that the main winner ends up being the customer. See, energy is deregulated in Texas, and that means that each individual household and business can choose the energy company that they want providing their electricity. Since there are quite a few in business in the area, they have to offer perks that the other companies don’t offer. Often, this comes through in their prices and rate plans, but there are other perks as well.
The rate plans are probably the best incentive for companies to use. Not everyone owns their own home, so they may want a monthly rate plan rather than a six month or 12 month plan. This is also beneficial for homeowners because some of the companies even allow a five year fixed rate plan. That is what I chose for myself, because I am not the type of person who likes surprises. I would rather know exactly what I am paying each month, but I know that there are others out there who don’t mind taking risks, especially when it can definitely go in their favor.
For people like that, a variable rate plan for any length of time would be perfect. All of these different rate plans means that a customer can get exactly what they want, instead of being at the mercy of a few plans that an energy company has for its customers. That is why I am so happy that I am in an area where we do have the freedom to choose what we want. Hopefully, the rest of the country will get caught up with us sooner rather than later.