Deregulation Has Helped Us to Save Money in My State

As someone who has spent most of their life in Texas, I’ll say I love my state. I originally grew up in the west where it’s hot, dusty and the people are somewhat friendly. Where I am now, it’s hot, green and the people are friendly. But I have always wished we had more choice when it comes to where we buy our electricity from. I spent some time reading through lately, and I was reminded that I once had little choice in the matter.

If you lived in the Austin/Round Rock area over ten years ago, you had no choice but to purchase your electricity service through the city itself. While people in other states found themselves getting to choose from a variety of companies to go with for utility service, people in my area felt powerless. If we were unhappy with pricing, there was nothing that we could do about it.

Over time, people began demanding that something be done about it. It was then that the local government passed a law that allowed deregulation. Soon after that, a variety of companies moved in to purchase electricity through he city’s generators and sell it to customers at great rates. Thankfully, this also helped with bringing about even better competitive pricing.

Now, if I’m unhappy with the service or pricing with one particular company, I can move on to another company that makes me happy, rather than the other way around. It is true that the city government is still responsible for delivering the electricity to our homes, and they are also responsible for maintaining our power lines, but we are not beholden to them for our monthly bill anymore. I would say that most people I know are really happy about the fact that we can now buy through reseller companies.

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Home Insurance and Intense Flooding

I’ve never been impressed with home insurance prices, but that all changed when I went to I was in the market for new home insurance because I had grown tired of my old insurance policy. The policy didn’t cover everything I wanted, which meant I had to get other specific policies to fill in the gap. Not only that, but the price I was paying for the policy was too expensive. It didn’t make sense to pay an arm and a leg for only partial coverage, so I moved away from the policy all together.

After getting the new insurance plan, some other people I knew asked me about changing their insurance plans. Just like me, they didn’t like the prices they were paying and the limited amount of coverage they were receiving. I showed them the website and they changed their plans as well. It was a good thing that we changed our plans we did, because in a few weeks, something terrible happened that affected all of our homes.

There was a huge rainstorm that came through the area. This storm caused a flood and mudslide to happen, and the first level of my home had lots of water in it. Luckily it didn’t go any higher than it did, but the first level still had a lot of water damage. The hard wood floors were ruined and mold started to grow. The insurance plan covered all of the damage to the home, and the floors were repaired and my home was cleaned. Some people who didn’t have the same insurance plan weren’t so luckily, and they had to pay for most of their repairs out of pocket. I feel bad for them, because I could have been in the same situation if I hadn’t changed my plan.

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