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Electricity Promotional Deals Aren't Just A Texas Thing - Houston Chronicle

by chron.com posted 6months ago 95 views
Texans aren't the only ones bombarded by free nights and weekend deals for electricity. Retail electricity sellers are becoming more commonplace around the nation, according to a report from the U.S. Department of Energy. Competitive power marketers —the electricity sellers that offer $500 gift cards, free thermometers and other gimmicks to encourage consumers to sign up —supplied about 21 percent of the nation's retail electricity in 2016, nearly double the amount from a decade earlier. At the same time the share of electricity sales from regulated investor-owned utilities dipped to 52 percent in 2016 compared to 62 percent in 2005.

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