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electricitytx.com
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Definitions (24)
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affiliated retail electric provider
A Retail Electric Provider (REP) that is owned, and now independently operated, by the original electric utility for that area.
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aggregator
A company that is registered with the Public Utility Commission that joins two or more customers to purchase electricity from retail electric providers in mass.
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broker
A company that facilitates the sale and/ or purchase of electricity between businesses and Retail Electric Providers. Competitive Retail Electric Provider A certified Retail Electric Provider by the PUC that competes for your business by offering lower prices, renewable energy options, added customer service benefits or other incentives.
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demand
The amount of electricity used at any given instant or averaged over a designated period of time. Demand is usually in measured in kilowatts or Megawatts. The Peak Demand is the highest 15 or 30 minute recorded demand period over 12-months.
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electric cooperative
Customer-owned electric utility that distributes electricity to its members.
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electric service provider
A company that provides electricity service to customers.
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electricity
The free flow of electrons. Electric generators convert mechanical energy into electric energy. Electrical energy is the generation or use of electric power over a period of time, usually expressed in kilowatt-hours (kWh) or megawatt-hours (mWh).
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electricity facts label
A standardized format sheet of information required by the PUC that provides customers with disclosure information on a Retail Electric Provider’s prices, contracts, sources of power generation and emissions. This information will give you a better comparison of electricity offers from competing Texas Electric Providers.
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electric reliability council of texas
The corporation comprised and governed by a board of directors from investor and municipally own electric utilities, generators, independent members and consumers to maintain and ensure the reliability of the power grid that operates in the State of Texas. They make sure you get electricity into your home or business.
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