Texans leaving legacy utilities at record-setting rates

July 11, 2012 | By Barbara Vergetis Lundin

According to the Report Card on Retail Competition published by the Texas Public Utilities Commission (PUC), 57 percent of Texas electricity customers have left legacy utilities and switched to a competitive retail provider.

The PUC numbers show a continued trend toward lower cost electric providers among consumers in deregulated areas of Texas. The largest percentage of consumers who have switched to a competitive retail electric provider is in the area served by the Texas-New Mexico Power Company, Oncor, Centerpoint, AEP Central, and AEP North.

The Texas PUC attributes these lower costs to lower natural gas prices; wind generated power displacing more expensive generation; and the obvious increased competition.

For more:
- see this article