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TXU Energy Smart Deal 12 12 months $0.089/ kWh TER News   — Sara Bramble An additional bill was passed in 1999 that helped further establish a competitive electricity market by creating a price floor to prevent established energy providers from underselling emerging providers. In 2002, Texas finalized deregulation when the Public Utility Commission gave ERCOT the responsibility of managing and monitoring the Texas electricity market. The market opened up to around 6 million Texas power customers. The energy charge is the amount you pay for each kilowatt hour (kWh) that you use. You will notice the cost per kilowatt hour is a bit higher during the summer. This is because it costs more to produce electricity in the summer. Nine Years Locate Us Capacity turn on or transfer service, get a letter of credit or check an order status    Now the idea is getting a major test in San Diego, where the City Council is expected to vote this year on whether to adopt the same approach. 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