According to a new report, many retail electricity providers are charging absurd amounts of money for what should be basic customer service.
More than 100 bills relating to electric and gas utility service have been filed at the Texas state Capitol. Many of these bills could impact how much you pay for gas or electric service.
Deregulated Electricity in Texas: A History of Retail Competition also reveals that Texans in deregulated areas consistently have paid more for power than Texans outside deregulation. It shows that many big electric companies — after spending years arguing against market intervention — now clamor for price supports.
The price of residential electricity has declined in recent years — but those declines are not nearly large enough to reflect what’s happening in the natural gas market.