About Houston
With more than 2 million residents, Houston is the largest city in Texas and the fourth-largest city in the U.S. As the hub of energy production and intellectual capital for the industry, Houston is rightly called the Energy Capital of the World.
One-third of the nation’s energy jobs in oil and gas are in Houston, with over 4,700 energy-based companies in the metropolitan area. The city’s growing population, booming industries, and warm climate mean high demand for reliable, affordable energy. Thanks to energy deregulations, it’s easier than ever for Houston residents to find utility providers that don’t break the bank.
What does energy deregulation mean for Houston?
Thanks to the state’s energy deregulation initiatives, Texas offers a unique situation for consumers. The state introduced Senate Bill 7 (SB 7) in 1999 to eliminate standardized energy rates and prevent monopolies. As a result, more energy service providers were established throughout the state, creating market competition designed to help drive electricity prices down.
Today, Texans can pick the best energy provider for their needs. You aren’t obligated to pick from just two or three providers; you have a variety of options. Houston is one area in Texas where consumers have this freedom. If you live in Houston, this is great news for you: You can shop around and find the best energy service for your commercial or residential energy needs.
Compare and choose your Houston electricity company
Residents new to Houston will quickly learn that many utility companies are competing for their business. While most cities across the U.S. only offer one or two choices for power companies, Texas’s deregulated energy market means residents can choose from more than 100 retail electric providers. That equals cost savings for Houston residents, who can shop for a plan that meets their budget and energy needs.
With all the available utility companies in Houston, you might be asking, “How do I find the best power company near me?” Do you need the flexibility of a prepaid plan? Do you simply want the best rates possible? Look to Payless Power — named one of the state’s top providers — for various cost-saving electricity plans in Houston.
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