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What happens if your Retail Electricity Provider (REP) were to suddenly go out of business? In Texas, thanks to the Provider of Last Resort (POLR), your lights will stay on. But, your bill will go up dramatically!
In this article, you’ll learn about the POLR, and why you should immediately shop for electricity if the POLR becomes your provider.
Texas is deregulated. That means that most — but not all — Texans have a choice of electricity supplier. If you live in an area served by an electrical cooperative, a municipal owned utility, or a utility that’s not part of ERCOT, you can’t choose your electricity provider.
Read More about Texas is Deregulated. Why Can’t I Choose My Electricity Provider?
