In 1999, the Texas Legislature deregulated the state’s
retail electric industry starting January 1, 2002. Today,
almost all Texas’ entities have the right to choose who will
supply their power. Many have become members of Public
Power Pool in order to work together as the largest customer
in Texas to contract for the lowest prices possible for
power.
Local government and political subdivisions have joined
together to act as one, in a process called aggregation, to
negotiate favorable rates and contracts usually reserved
only for large industrial customers. Texas Public Utility
Commission reports call these aggregations the “big winners”
in electric deregulation. Aggregation gives a group of
customers the increased size and clout needed to effectively
negotiate with retail electric providers. Furthermore,
members of an aggregation share the cost of consultants,
gaining access to expertise that would be costly to obtain
on their own.Public Power Pool, P3,
has grown to be the largest aggregation in Texas. P3
purchases power for over 140 member entities, with over
6,500 electric meters that spent a significant amount more
on electricity before deregulation. Public Power Pool
successfully handles power procurements for members
resulting in contracts that allowed over $74.6 million in
savings according to the Public Utility Commission’s
calculations. More importantly, Public Power Pool has
consistently procured rates more than 10% lower than power
suppliers’ rates and lower than competing aggregations.
Members of Public Power Pool receive the following benefits:
• A proven, effective competitive procurement program
• Industrial strength analysis behind all decision-making, transparent to members
• No cross subsidization between members
• Professional staff to manage your electric power needs
and provide support every step of
the way
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