Examining Texas’ Regulated and Deregulated Electricity Prices

About 85% of Texas residents purchase their electricity in a deregulated, competitive market, while the electric rates in a few major metropolitan areas (Austin, San Antonio) are regulated by the State.  Residential electricity prices in Texas’ deregulated market dipped below the national average price for power in 2012, according to a recent report by the Texas Coalition for Affordable Power (TCAP), but  deregulated prices still remain significantly higher than prices in the regulated areas of Texas. According to a post on Bitcoin Motion, the Texas electric deregulation law, adopted in 1999, gives consumers in most areas of Texas the ability… [more]