Since energy deregulation laws were implemented in Texas in 2002, electricity customers have been able to compare electricity rates through several mediums. Retail energy providers are also helping customers make the switch by providing flexible payment options through several rate packages.
Vault Energy recently announced it has compiled several rates from throughout the Dallas/ Fort Worth metroplex to help customers find which best suits them. Fixed rate plans from retail energy providers are available in several lengths, including 24-month plans that are quickly growing in popularity.
For people who are unsure where they may be in two years, shorter-term plans are also available, including one-year plans and fewer. With rates expected to rise in the near future, several retail energy providers in Texas are urging customers to act now to compare electricity rates and find one that fits their lifestyle, then lock it in for the most comfortable period.
Some of the most successful retail energy providers in recent years have been Reliant, TXU and Bounce Energy, all of which are currently advertising incentives and bonus packages to attract new customers and keep current ones content.