History of Deregulation

The deregulation of the Texas energy market began to break up the monopoly and spur competition between electric companies. It was seen as the perfect plan to give consumers the power of choice as well as lower electricity rates.

Facts About Texas Deregulation

  • 1995: Wholesale utility deregulation goes into effect
  • 1999: Gov. George W. Bush signed Senate Bill 7
  • 2002: Retail electric deregulation is made mandatory
  • 2008: To date, Texas has the largest electric market in the U.S.
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