Texas power market ranked first in North America

TEXAS - TexasÂ’ oft-criticized deregulated electricity market rated first among competitive electric markets in North America in both the residential and commercial/industrial sectors, in a study done by The Energy Retailer Research Consortium.

Texas ranked excellent in both categories. New York was the only other state cited as excellent in either sector, drawing that rating for residential.

The study surveyed 14 U.S. states, the District of Columbia and two Canadian provinces. Ratings were based on how effectively states implemented a competitive electric market giving consumers a choice of retail electric providers.

The consortium describes itself as "an independent research consortium that supports retail energy choice" and says it is "comprised of companies with a stake in competitive retail energy markets."

TexasÂ’ deregulated market has been heavily criticized by some consumer groups, but that has waned somewhat this year with lower natural gas prices driving down electric rates.

Related News

pg&e logo

PG&E’s Pandemic Response Includes Precautionary Health and Safety Actions; Moratorium on Customer Shutoffs for Nonpayment

SAN FRANCISCO - Pacific Gas and Electric Company has announced that due to the COVID-19 pandemic, it has voluntarily implemented a moratorium on service disconnections for non-payment, effective immediately. This suspension will apply to both residential and commercial customers and will remain in effect until further notice. To further support customers who may be impacted by the pandemic, PG&E will offer its most flexible pay plans to customers who indicate either an impact or hardship as a result of COVID-19. PG&E will continue to monitor current events and identify opportunities to support our customers and communities.

In addition to the moratorium…

READ MORE
ttc-introduce-battery-electric-buses

TTC Introduces Battery Electric Buses

READ MORE

iaea-warns-of-nuclear-risks-from-russian-attacks-on-ukraine-power-grids

IAEA Warns of Nuclear Risks from Russian Attacks on Ukraine Power Grids

READ MORE

Seaspan Reliant

Electricity and water do mix: How electric ships are clearing the air on the B.C. coast

READ MORE

frisco solar power

Flowing with current, Frisco, Colorado wants 100% clean electricity

READ MORE