What does deregulation mean?
A. Deregulation is the opening of a market to competition in a previously regulated industry. Or as some might put it, it’s yanking the rug out from under the monopolies. Thanks to Texas Senate Bill 7, as of January 1, 2002, the electricity industry was deregulated in Texas, giving you the opportunity to purchase energy from any provider you choose. Which gives you the opportunity to save some serious money, as well. Deregulation in our industry is occurring nationwide on a state-by-state basis.
