What Is A Texas Electricity Facts Label?
The Texas electricity facts label was put into place by Texas’ ERCOT agency to make a requirement for Texas Retail Electric Providers to provide a clear concise page that shows the electic rate along with important terms and conditions to the energy contract. This makes it easy for a consumer to quickly determine if the electric rate is worth signing up for. This also allows the consumer to do the needed research without spending hours calling providers and reading through fine print in contracts. This is the equivalent to a nutrition label on the back of a can of food. If you wanted to research electric rates on your own be sure to look at the facts label for the product being offered as it will tell you everything you will need to know including, the term, the electric rate, customer service charge, early termination fee, and where the energy is coming from.
