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The Public Utility Commission of Texas approved Gexa Energy as a retail electric provider in 2001.. Gexa Energy entered the Texas deregulated electricity market in 2002. The company services residential and commercial customers in Houston, Dallas, Fort Worth, Corpus Christi, Midland, Harlingen, Odessa, Lubbock, Waco and all Texas markets where electricity service has been deregul
Customers served by cooperatives or municipal utilities could choose an alternate REP only if the utility has opted in to deregulation; only the Nueces Electric Cooperative has chosen to opt in. Between taking effect in 2002 and 2006, approximately 85% of commercial and industrial consumers switched power providers at least once.
On December 4, 2014, NextEra Energy announced its plans to purchase Hawaiian Electric Industries for $4.3 billion. [33] However, in July 2016, Hawaii 's Public Utilities Commission rejected the offer in a 2-0 vote over doubts of NextEra Energy's commitment to the state's renewable energy goal, which terminated the merger agreement. [ 34 ]
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TXU Energy is an American retail electricity provider headquartered in Irving, Texas, serving residential and business customers in deregulated regions of Texas since the deregulation of the Texas electricity market in 2002. A subsidiary of Vistra Corp, it is one of the largest retail electricity providers in Texas. [1]
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