Everything You Need to Know About Power Companies in Texas
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.
- What are the Different Types of Power Companies in Texas?
- How Do Power Companies Work in Texas?
- Why are There so Many Power Companies in Texas?
- Who are the Best Power Companies in Texas?
- GoodCharlie Energy: the Best New Power Company in Texas
What are the Different Types of Power Companies in Texas?
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.
REPs
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.
Power Generating Plants
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.
Transmission and Distribution Utilities
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.
How Do Power Companies Work in Texas?
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.
Why are There so Many Power Companies 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.
Who are the Best Power Companies in Texas?
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!
GoodCharlie Energy: the Best New Power Company in Texas
If you're looking for the best new power company in Texas, look no further than GoodCharlie Energy.
- We have competitive rates and comprehensive plans with no hidden fees.
- Each of our plans is available with electricity from a renewable resource such as wind or solar.
- We're the #1 choice for a REP in Texas by pet owners, thanks to our goal of making Texas the best state for a dog to live in.
- Our list of benefits includes 24/7 emergency video vet access, a $750 pet emergency fund, and a monthly donation from us to a local pet shelter.
- Transparent pricing that's easy to read and understand.
- Fixed-rate plans that you can choose based on your electricity usage.
Switching to GoodCharlie Energy is easy if you're in the market for a new electricity plan. Here’s how the process works.
- Go to our website and enter your zip code into our database.
- If we offer electricity to your area, you will have three fixed-rate electricity plans to choose from.
- Each of our fixed-rate plans are available in one to three-year increments and offer the same benefits.
- We also offer the option of choosing from traditional electricity or green electricity that comes from renewable resources such as wind, the sun, or hydroelectricity.
- If we don’t currently offer electricity in your zip code, don’t despair. We’re growing rapidly and there’s a good chance we’ll be operational in your area before long.
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!