Retail Electric Providers sell, bill, and provide customer service for your electricity. There are two kinds of REPs in the market: Affiliate Retail Electric Providers (AREPs) and Competitive Retail Electric Providers (CREPs). The AREP is the electric provider that was selling you electricity before deregulation. These are the companies that offer you a standard rate for electric service called the “Price to Beat” which is set by the Public Utility Commission.
As you have now learned, the only thing that essentially changes with Texas electricity deregulation for the consumer is billing and customer service and this is handled by the Retail Electric Providers. You will continue to receive the same reliable electric delivery service from your wires company, but you now have a choice in who bills you for your electric service. CREPs compete for your business by offering lower electric rates, added customer service benefits, or renewable energy options.
There are over 30 Retail Electric Providers currently operating in Texas. ElectricityTX represents most of the top and most recommended electric providers based on price, electricity options, and customer service in Texas.