what is a electricity rates
The average cost for electricity in the United States is 10.45 cents. Electricity costs vary wildly from state to state though and city to city, particularly when comparing regulated and deregulated markets. There are over a dozen states with some kind of deregulated energy market.
Texas electricity consumers have the power to choose their electricity rate, forcing electric companies to compete against one another for your business. Texas is the energy capital of the world, giving Texans cheaper electric rates and more electricity options for their homes and businesses. You lowered our family's monthly electric bill by about $80 the first month. Based on that month's bill, our total savings should be around $960 a year.