What if my TX electricity provider goes out of business? Will I lose electricity?
You will not lose electricity if your new provider were to go out of business. The electric utility in your area is required by law to continue providing power to your home. Your electricity provider will change to your utility’s provider of last resort (POLR). Every utility has a POLR and they act as your electricity provider at least temporarily. You can choose to stay with the POLR or you can switch to a different electricity provider all over again.