Here we will be learning about why PUCT had created the Power to Choose a tool for the people of Texas. Also, we will learn about what is the power of that tool and how it will affect your monthly energy bill.
Why did PUCT create the tool?
The Texas legislature deregulated the energy market of Texas in the year 2002 due to many reasons. This gave the people of Texas their chance to select the energy provider that is best suitable for them. Due to this reason, there were hundreds of electricity providers in the state, and people had to choose between them. Some cities in Texas were removed from the unregulated list due to political reasons.
Due to this reason, they are still using the energy that is being supplied by their local municipality or the ERCOT. If you are living in the deregulated energy market, this means that there is a lot of competition between the suppliers. The suppliers will help you determine the best service for you.
To sell their services, they will offer people bonuses and, along with that, less amount of money for different plans. This is a good idea for business because people fall right into these things and choose their suppliers accordingly. This is why the Public Utility Commission of Texas (PUCT) had decided to create this tool. The tool was available on the internet and could be used by anyone to compare and select the best provider quickly. Not only that, but this tool helped many people to stay safe from scam suppliers in the market.
What is the main usage of this tool?
The main usage or the power of this tool is that it checks and compares every registered provider carefully. This means it will check the plans and the prices that they offer to their customer for using their service.
If you use this tool, then it will search the internet for the ratings of the different providers and show you exact results. This is a safe and reliable tool that will give you results from the internet which is not biased against any supplier.
This tool was created by the PUCT for the people of Texas to save them from any kind of fraud on the internet. There have been several years after its release, and people who have used this tool are happy with the results.
How does it affect your energy bill?
If you choose a supplier from this tool, then you are sure to get the energy bill according to your expectations. This means that your energy bill will be less than what you used to pay earlier, and it is a good thing. Another thing is that the supplier you get to choose from is all registered and legit, so there is no chance of fraud or scam.
You might even get to see that you can use your appliances for much more time and save a lot of money. This is all because of the power to choose a tool that has been created by the PUCT.