Texas Power
Encyclopedia
Texas Power is a retail electricity provider (REP) serving all deregulated electricity areas in Texas. They are located in Arlington, Texas
. Texas Power bills customers for electric service provided by the power distribution companies.
Texas Power services roughly 20,000 residential electricity customers. Texas Power also serves small, medium and large commercial accounts.
and in 2005, Texas Power joined in. They now compete against other energy companies like Glacial Energy, TXU
, Bounce Energy, Reliant Energy
, MXenergy
, Direct Energy
, Stream Energy
, Gexa Energy
, Cirro Energy
. At this time, Texas Power offers month to month price plans as well as 3, 6, 12 and 24 month fixed price plans. Texas Power offers all residential products using 10% renewable energy with a 100% green option as well.
hit on August 29th 2005, it hurt several pipelines that helped to supply power to Texas companies. This decrease in supply resulted in a rising price to consumers in the aftermath of the hurricane
Arlington, Texas
Arlington is a city in Tarrant County, Texas within the Dallas–Fort Worth metropolitan area. According to the 2010 census results, the city had a population of 365,438, making it the third largest municipality in the Metroplex...
. Texas Power bills customers for electric service provided by the power distribution companies.
Texas Power services roughly 20,000 residential electricity customers. Texas Power also serves small, medium and large commercial accounts.
History
In 2002, Texas deregulated the electricity marketDeregulation of the Texas Electricity Market
Electricity deregulation in Texas was the result of the coming into force of Texas Senate Bill 7 on January 1, 2002. According to the law, deregulation is to be phased in over several years....
and in 2005, Texas Power joined in. They now compete against other energy companies like Glacial Energy, TXU
TXU
Energy Future Holdings Corporation is an electric utility company headquartered in Energy Plaza in Downtown Dallas, Texas, United States. The company was known as TXU until its $45 billion leveraged buyout by Kohlberg Kravis Roberts, Texas Pacific Group and Goldman Sachs...
, Bounce Energy, Reliant Energy
Reliant Energy
RRI Energy, Inc. , based in Houston, Texas, United States, was an energy company that provided electricity to wholesale customers in the United States. The company was one of the largest independent power producers in the nation with more than 14,000 megawatts of power generation capacity across...
, MXenergy
MXenergy
MXenergy is a retail natural gas and electricity supplier in North America. It was founded in 1999 to provide natural gas and electricity in deregulated energy markets. In 2006, MXenergy was named fourth on Inc. Magazine’s list of fastest growing private companies in America on the basis of...
, Direct Energy
Direct Energy
Direct Energy is a North American retailer of energy and energy services. The company was founded in 1986. With over six million customer relationships in Canada and the United States, it is the largest energy and home services retailer in North America. The current President and Chief Executive...
, Stream Energy
Stream Energy
Stream Energy is an American retail electricity and natural gas firm active in the Texas, Pennsylvania, New Jersey, Maryland and Georgia deregulated energy markets and headquartered within the building in Dallas...
, Gexa Energy
Gexa Energy
Gexa Energy, headquartered in Houston, Texas, is an American retail electricity provider which sells electricity service to residential and commercial customers in all deregulated markets in Texas.The company is a subsidiary of NextEra Energy Resources...
, Cirro Energy
Cirro Energy
Cirro Energy is an American retail electric provider based in Richardson, Texas, that delivers electrical service and customer service to tens of thousands of power customers throughout the Electric Reliability Council of Texas distribution grid within the deregulated Texas electricity...
. At this time, Texas Power offers month to month price plans as well as 3, 6, 12 and 24 month fixed price plans. Texas Power offers all residential products using 10% renewable energy with a 100% green option as well.
Hurricane Katrina
When Hurricane KatrinaHurricane Katrina
Hurricane Katrina of the 2005 Atlantic hurricane season was a powerful Atlantic hurricane. It is the costliest natural disaster, as well as one of the five deadliest hurricanes, in the history of the United States. Among recorded Atlantic hurricanes, it was the sixth strongest overall...
hit on August 29th 2005, it hurt several pipelines that helped to supply power to Texas companies. This decrease in supply resulted in a rising price to consumers in the aftermath of the hurricane
See also
- Deregulation of the Texas electricity marketDeregulation of the Texas Electricity MarketElectricity deregulation in Texas was the result of the coming into force of Texas Senate Bill 7 on January 1, 2002. According to the law, deregulation is to be phased in over several years....
- Electric Reliability Council of Texas (ERCOT)