Entergy Electric Rates Texas

Unlike other states texas has a deregulated energy market.

Entergy electric rates texas.

Energy rates and riders are a major factor in the decision to relocate or to expand. The amount of a bill for service will be modified by any optional rate riders selected by the customer or other rate riders that must apply. As a regulated monopoly in texas entergy s rates are set by government regulatory bodies and not by free market forces. The entergy name and logo are registered service marks of entergy corporation and may not be used without the.

Entergy is a fortune 500 company headquartered in new orleans. This policy change means that there are dozens of competitors for customers rather than a single provider. 1998 2020 entergy corporation all rights reserved. The fuel adjustment line item of a customer s bill reflects the actual cost of fuel purchased to generate electricity.

All of the provisions of each rate schedule you are about to access apply when calculating a bill for service. Please carefully read the paragraph below. The high rates charged by monopoly utilities in parts of texas not open to competition el paso electric entergy texas etc puts businesses in those areas at a competitive disadvantage versus their competitors in parts of the state open to electric choice where electric rates are lower. A rider schedule modifies one or more provisions of a rate schedule or schedules.

About 15 of texans live in regulated zones and don t have a choice of energy providers and electricity plans. Eia s most recent data is available through july 2020 and lists the average retail rate for electricity in texas as 11 82 cents. Texas electricity rates chart. With so many options available in our four state region you can depend on entergy s experienced and knowledgeable business development team to determine which options are available to your company.

Through our new power drive initiative entergy is studying technological advancements monitoring market trends and collaborating with industry experts to ensure we re prepared to safely and reliably meet our customers needs as electric vehicles continue to account for a growing percentage of the nation s transportation portfolio. Energy information administration eia tracks these changes on a monthly basis shown in the chart below. Entergy corporation is an integrated energy company that delivers electricity to 2 9 million utility customers in arkansas louisiana mississippi and texas. In 2002 the state deregulated the market in order to decrease prices for residential and commercial consumers.