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This company can trace its roots to the 19th century, when the Dallas Electric Lighting Company provided electricity to the Dallas area. After a number of indirect predecessors and acquisitions through the decades, the multinational energy company was renamed TXU Energy. Today, it is also a subsidiary of Energy Future Holdings.
In 2002, the electricity market in the majority of the state became deregulated, and residents gained the option of shopping around for an alternative retail electricity provider. With TXU Energy, Texas consumers can shop competitive rates, including plans with renewable resources. The company also offers easy-to-understand plans, as well as tools to help residents conserve energy. One such plan, Free Nights, gives consumers free electricity from 9 p.m. to 6 a.m. every day.
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Not only does the company offer plans for a variety of home needs, it also offers tools to help you monitor how much electricity you use.
Electricity consumers have options for choosing their retail energy provider. You’re able to shop around for plans that fit your budget and your home’s electricity use.
Some providers will offer a variable-rate plan, which allows your supply rate to change throughout the length of your contract. Oftentimes, you will see monthly changes to your electricity bill. Variable-rate plans might offer a low introductory rate, but may be unpredictable.
Fixed-rate plans, however, offer you a set supply rate that remains the same for the length of your contract with your chosen provider.
Keep in mind that different retail electricity providers don’t all offer the same type of plans. To ensure you have a positive experience with TXU Energy, Texas consumers are given a list of rights, giving customers: