Tell Me Something Good
Posted on: 03-24-2011 at 3:29pm
By Senior Director of Communications Paul Thies
At Stream Energy yesterday, our Chairman Rob Snyder shared with our management team a few pieces of interesting news to hit the web. I thought that our consumers and the folks who follow us might be interested in these news items.
There has been a fair amount of debate over the years in Texas by a variety of parties on whether or not energy deregulation is best for consumers. Having been a part of one of the leading electric retailers in Texas for over six years now (i.e Stream Energy), I’ve been privileged to witness the evolution of deregulation firsthand.
Reflecting upon the report that appeared in the Ft. Worth Star-Telegram yesterday – Electricity deregulation paying off for Texans – it is gratifying to learn that third-party industry watchers are coming to the conclusion that energy deregulation is a success.
Now when you couple the Ft. Worth Star-Telegram report with the news that complaints to Texas PUC fell 28% in 2010, as reported by Restructuring Today, you can draw the conclusion that consumers are in fact receiving the benefits that energy deregulation promised – namely, competitive pricing, greater options and improved service quality.
My favorite part of the article is when Mr. Schnurman said, “Average electric rates, which rose in the years after dereg was launched, have fallen by roughly 28 percent since their peak in 2008, according to industry data.”
Even though Stream was started in 2005, buy the time 2008 rolled around we had collected enough customers that everyone in the industry was paying attention to us, and realized they had to come up with a response.
I believe that Stream Energy is largely responsible for the success of deregulation in Texas. I believe that everyone in Texas, whether they are a Stream Energy customer or not, now pay lower rates because of Stream Energy.
I am proud to be part of the army that is making deregulation work in Texas, Georgia, Pennsylvania, Maryland, and more states to come.
Impressive company with impressive results
Those that listened will be ever so glad they did! Those that did not will eventually.