Texas Energy Savings Day

History of Texas Energy Savings Day

Texas has an annual energy consumption equal to that of Great Britain and Spain. This is one of the reasons why electricity deregulation in Texas was signed into law in 1999 under Texas Senate Bill 7. The law went into effect in 2002, officially ending the state’s regulation and control of the electricity supply. The goal was to open the market for electricity providers to create more competition and give Texans the ability to choose their own provider and plan.

Although this move was initially intended to reduce electricity prices for Texans, it has become more apparent in recent years that deregulation has had the opposite effect.

The Texas winter storm of February 2021 was the straw that broke the camel’s back. It left millions of Texans without electricity for a full week after the state’s electric grid operator lost control of the power supply. Many Texans who were not in fixed-rate contract plans were left with astronomical electricity bills. This fuelled a debate around whether Texas’ energy deregulation was the cause of this disaster, since local utilities had neglected their facilities and failed to do the necessary upgrades.

The main reason why Texans are paying more is because in order for the power of the market to result in the most competitive rates, people need to consistently shop around for the best plans. Otherwise, their contracts expire. Once a contract expires, you are automatically placed on a month-to-month plan, where providers can change your electricity rate each month. Surprise: these rates are usually much higher than contract rates. The worst part? Many people don’t even realize they are being charged higher than the market average—sometimes more than double the market average.

Texas Energy Savings Day timeline

1999

The Bill is Signed

Electricity deregulation in Texas is signed into law under Texas Senate Bill 7.

2002

Texas Deregulation

Electricity deregulation in Texas goes into effect, officially ending the state’s regulation and control of the electricity supply.

February 2021

The Winter Storm

The winter storm leaves millions of Texans without electricity for a full week after the state’s electric grid operator lost control of the power supply.

2021

Texas Energy Savings Day is Established

ichoosr sponsors Texas Energy Savings Day and the first celebration takes place. Want to be a sponsor: learn how.

Texas Energy Savings Day FAQs

When is Texas Energy Savings Day?

Texas Energy Savings Day 2026 falls on Monday, September 7, encouraging residents to kick off their week by optimizing electricity use and costs.

How much can Texans save on electricity?

Many Texans can significantly reduce their electricity bills, with potential savings ranging from hundreds to over a thousand dollars annually by actively managing their plans and adopting energy-efficient practices. The exact amount depends on usage and current rates.

What is the average electricity bill in Texas?

The average residential electricity bill in Texas can vary widely by season and usage, but typically ranges from $150 to $200 per month. This figure often includes the cost of energy, delivery charges, and various fees.

What are some easy ways to save energy at home?

Simple steps include unplugging electronics when not in use, adjusting your thermostat by a few degrees (up in summer, down in winter), using natural light, and sealing air leaks around windows and doors.

How To Celebrate Texas Energy Savings Day

Sign up and save

Is your contract coming to and end? It’s important to shop around for a fixed-rate energy plan to ensure you lock in a good rate that won’t be subject to fluctuations.

Educate yourself

Watch various free webinars and virtual information sessions to help you understand your electricity bill. Some providers also offer a side-by-side comparison of their winning rates compared to the market average.

Take steps to save power around the house

Turn off lights in rooms that are not in use and make the switch to LED lightbulbs. Install insulation in your home to keep it warm during winter without the need to use too many heating appliances, and cool during the summer. Hang your laundry to dry instead of using the dryer, and ease up on the AC—use it only in the rooms you’re in and check the air filters so it circulates air easily.

5 Mind-Boggling Facts About Texas’ Power Situation

Millions of Texans were affected by the winter storm

A staggering 4.3 million Texans were left without electricity during the 2021 winter storm.

Most Texans are overpaying for electricity

80% of Texans have never switched, or switched a long time ago, and are now on plans with expensive variable rates — draining their pockets financially and overpaying an average of $450 a year for their electricity!

Deregulation cost Texans billions of dollars

According to the latest data published by the Federal Energy Information Administration (EIA), deregulation has cost Texans $28 billion since 2004.

Texas is one of the largest energy consumers

If Texas were an independent nation, its electricity market would be the 11th largest in the world.

Texas has some of the highest electricity bills

Average monthly household electricity bills in Texas were the second highest in the U.S. in 2021.

Why We Love Texas Energy Savings Day

Who doesn’t love saving?

Shop for a different plan and you can even save around 20 to 25% on your electricity bill. Texans who switch can save an average of $771 on their electricity bills over three years.

It's quick and easy to switch to a better provider

Signing up for some providers is free. All you need to do is register, sit back, and wait to receive your offer. And you’re not tying yourself down. If you don't like the offer, you can simply decline. No strings attached!

It’s better for the environment

Even if you just spend the day looking over your electricity bill and seeing where you can cut down on costs or write up a plan to take active steps in reducing your energy usage, you’ll be doing the environment a big favor in the long run.