Houston, TX (PRWEB) November 5, 2010
Texas Electricity Ratings, a website that specializes in Texas electricity comparison and consumer advocacy, has released an extensive review of the electricity prices in most of the major cities in America. The analysis takes an honest look at the rates of electricity in major American cities in an effort to see how Texas electricity rates stack up almost a decade after electricity deregulation.
Texas Electricity Ratings was founded with the goal of giving customers a community to share their experiences with different electricity providers, as well as read other customer reviews and make fair and honest evaluations on their electricity options. Additionally, Texas Electricity Ratings seeks to help educate consumers about the workings of the deregulated electricity marketplace, and specific things shoppers should look for to help them determine the best Retail Electricity Provider for their needs.
A common complaint from Texas customers in the wake of deregulation has been a drastic increase in the cost of electricity. Most people point their finger at opening the electricity market up to competition, and the idea that it has allowed companies to gouge prices for profits at the expense of consumers. Because of the timing of the price rises occurring after deregulation, it's understandable for people to connect the two events. And maybe there was a correlation there in the early days as the REPs were still figuring out how the market worked, precisely. However, as energy choice in Texas is about to celebrate its tenth anniversary, the report delves into how Texas rates now stack up against those in other major cities.
The article’s findings show that the cost of electricity in deregulated Texas markets is actually much lower than all of the other major metropolitan cities in the United States, and in some instances by almost half. Upon taking a closer look at cities such as New York, Chicago, San Francisco, Los Angeles, Atlanta, and more, the data indicates that the deregulated model in Texas seems to be working. Not only are prices lower on average than the other major cities in the country, but incentive programs are more prevalent, as is the availability of green electricity options. So perhaps deregulation is more of a benefit to consumers than most people might believe.
Read the entire report at TexasElectricityRatings.com.
About the Author:
Matt Oberle is the Founder and Manager of Texas Electricity Ratings, a consumer advocacy and comparison shopping website that operates in the Texas deregulated electricity marketplace. Matt has previously worked at Hewlett Packard, and before that he worked for 3 years at internet start-up and comparison shopping company, Houston based WhiteFence. While at WhiteFence, Matt worked with some of the biggest brands and service companies in the United States, including Comcast, AT&T, Time Warner, Dish Network, as well as incumbent electricity providers Reliant and TXU when deregulated electricity was in its infancy.
# # #