Moving to a Deregulated Area

Here’s what to do about electricity when you move to a deregulated state.

Last updated 10/04/2024

Mature woman using her smart phone to search for deregulated energy service for her new home

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Key Points

Deregulated energy markets put the power in customers’ hands, allowing them to choose their own electricity provider and plan.
If you’ve never lived in an area with deregulated energy before, you’ll have to choose a provider and plan when you move to one.
SaveOnEnergy’s free marketplace makes moving to a deregulated state simple by helping you shop and compare plans in your area.

Deregulated energy FAQs

That depends on your state’s regulations. Texas, for example, requires consumers to buy energy plans from REPs. However, other deregulated states like Massachusetts allow consumers to purchase electricity from their utility company or an alternative electric provider.
Yes, you can always switch providers. However, you may receive an early termination fee if you choose to end your service before your contract is up. Check your current energy plan to learn about any fees you could incur.
Deregulation does not necessarily lead to lower electricity bills. However, it does allow you to compare rates between providers in your area and pick the cheapest plan.
Many consumers enjoy having the option to pick their plan, provider, and rate. Unlike in regulated states, where consumers have little control over their electricity plan, deregulation gives consumers more autonomy. Energy providers in deregulated states tend to offer a wider variety of plans to attract more customers and compete for your business.