The saying that everything’s bigger in Texas applies to most things in the Lonestar State, including the electricity market. Texas produces more energy and electricity and has more power companies than any other state. Additionally, more than three-quarters of the state has deregulated electricity, which means it's a good to be bought and sold. As a result, there are more than 100 power companies spread throughout the state.
These power companies, known as retail electric providers or REPs, are the lifeblood of electricity in Texas. They're the ones to whom you pay your monthly electricity bill and are responsible for getting electricity to your home or business. If you're curious and want to know more about power companies in Texas, you've come to the right place.
While REPs are the lifeblood of electricity in Texas, they aren't the only type of power company in the state. Here are the three different types of power companies in Texas and what their jobs are.
As discussed previously, REPs are the companies that sell electricity to residential and commercial customers throughout Texas. However, while REPs buy and sell electricity, they don't create or generate it. Instead, they purchase electricity from power-generating plants at wholesale value and sell it to customers at resale value.
As we just touched on, power-generating plants are the companies that create electricity. They then sell electricity to REPs, who, in turn, sell it to Texans. There are hundreds of different power-generating plants, including those that create electricity from fossil fuels, nuclear energy, and renewable resources.
While power-generating plants create electricity and REPs sell it, transmission and distribution utility companies deliver it to homes and businesses throughout Texas. Transmission and distribution utility companies, also known as TDUs, work together with power-generating plants and REPs to ensure that electricity makes it to its destination.
TDUs own and manage the power lines, electric poles, underground cables, and electric meters that transport electricity. When there’s a power outage, your TDU rather than your REP is responsible to restore power.
Power companies work together in Texas to ensure that electricity gets to where it needs to go. While you have the power to choose your REP depending on where you live, you don’t get a choice in your power-generating plant or TDU. Your REP will choose quality but affordable electricity from various power-generating plants and work with whatever TDU operates in your area.
While REPs and power-generating plants are private companies that anyone can start, TDUs are typically managed by the state and PUC. As such, you don’t have any control over where your electricity comes from or who delivers it. When you sign up for an electricity plan with GoodCharlie Energy, however, you can rest assured that your electricity is coming from a reliable source and being delivered by one of the best TDUs in Texas.
If you’re just starting your search for a REP, you might be shocked to discover how many different power companies there are in Texas. As we said before, most of Texas has deregulated electricity. This means that anyone with the means and desire to do so can form their own electricity company.
As a result, there are more than 120 REP power companies in Texas. The sheer amount of power companies plus all the plans they’re offering makes it very difficult to choose the right plan. You can spend hour upon hour researching each company and plan until you find the right one. Or, you can contact us at GoodCharlie Energy and sign up for one of our affordable, high-quality electricity plans.
The best power companies in Texas are the ones with affordable prices, a sterling reputation, and rewards from which you can benefit. While there are plenty of big-name, popular power companies in the state, they don’t always have your best interests in mind. At GoodCharlie Energy, however, we prove our care for and desire to help our customers based on the rewards we offer. You can check them out in the next section!
If you're looking for the best new power company in Texas, look no further than GoodCharlie Energy.
Switching to GoodCharlie Energy is easy if you're in the market for a new electricity plan. Here’s how the process works.
When it comes to choosing power companies, GoodCharlie Energy is one of the top options, especially for dog owners. Many of the rewards we offer benefit pet owners, making us unique and sought after. Contact us to make the switch today!