Texas electricity rates are going up so it is more important than ever to choose the cheapest Texas electricity provider so you can save a bunch of money on your electric bill. Some of the biggest cities in Texas give consumers the power to choose their electric company. Some of the cities that allow a choice are Dallas TX, Houston TX, Tyler TX, Lufkin TX, Nacogdoches TX, and The Woodlands TX. If you are not in one of these cities, you can probably still switch so check it out to see if you can save money with a cheap electricity provider.

Read on to learn about how you have earned the power to choose and also learn about the great Ambit Energy Home Business Opportunity that is easy to start. You can earn a consistent income by helping others save money on their electric bill.

Please let me know if this is helpful or if you want more information. Just leave me a comment at the end of the article an also any ideas for improvement. Thanks in advance for helping me make this article better.

In general, when one company controls a market or a product, it is considered a monopoly in the United States which is illegal. In certain industries, the government actually creates monopolies under the guise of saving the consumers. These government sanctioned monopolies provide electricity to consumers in many states.

In Texas, some areas have been deregulated. This means that the government sanctioned monopolies have ended and many competing companies are offering electricity to consumers. This competition has allowed several cheap electricity providers to lower the bills of many Texas residents.

There are several electric choices available to many but not all Texas Residents. Read on for a little information some of on the main suppliers. Energy suppliers are listed in alphabetical order.

Ambit Energy is a relative newcomer to the Texas electricity market and has consistently had one of the lowest rates in Texas. Ambit is headquartered in Dallas, TX and is licensed to supply residential electricity throughout the state. Ambit has also expanded service into New York and Illinois and is currently the cheap Texas electricity provider choice. There is a rewards program which allows customers to save points for vacations and sports tickets plus you get a free hotel stay in places like San Antonio just for switching. A cruise or vacation can be earned in less than 2 years if you have a normal Texas electric bill or less than 12 months if you use 4000 kWh which is easy to do in Texas. If you don't want to wait for your free vacation, as a new Ambit customer, you can earn a free vacation for every 5 people you refer who switch to Ambit in your first couple months as a customer.

First Choice Power is one of the larger suppliers of electricity and has been serving the Texas market since 2002. First Choice also has a rewards program where you can earn things like golf balls and fluorescent light bulbs. There are larger items like power tools that can be earned if you stick with the company for many years.

Reliant Energy is one of the largest suppliers and is headquartered in Houston, TX. Per the company website, Reliant serves approximately 1.8 million Texas customers. They are one of the largest and original companies and tend to struggle to compete with the prices of the newer companies like Ambit.

Stream Energy is another newcomer. They are headquartered in Dallas, TX. Per the comany website, they strive to provide individualized service to customers instead of a "one size fits all" product.

TXU is one of the original electricity suppliers in Texas. According to their company website, they are the #1 supplier in Texas. They have a rewards program where you can earn dinner coupons, movie tickets, or hotel discounts. As with the other large companies, TXU tends to struggle to match the prices of the new, smaller companies.

For comparison, here are the rates from several of the main electricity suppliers in Texas. These rates were taken from Energy-4-Less.com and/or PowerToChoose.org (latest update 8/03/08, prices are from the Dallas, TX area) which have more information on the best Cheap Texas Electricity Providers. At the writing of this article, prices are changing on a daily basis so you will need to check with each company for exat up to date prices. Ambit has been consistenly lower than the other companies and should continue to provide cheap electricity in Texas. Prices will also vary slightly from area to area within Texas.

• Ambit Energy 6 Month 13.5¢ / kWh

• Ambit Energy Month to Month 15.7¢ / kWh

• Reliant Power Tracker 23.0¢ / kWh

• Stream Energy Month to Month 19.9¢ / kWh

• TXU Power Start 17.7¢ / kWh

• First Choice Simply Better Choice 19.2¢ / kWh

At least 2 of the listed companies above allow you to become business partners and actually start making money from electricity instead of just paying for it. See below for a quick video on how this works.

Ambit Energy has a Ambit Energy home business opportunity that offers you the chance to earn money every month when customers pay their bills. Coupled with the rewards program and best rates, this can be the ultimate money saving and money making opportunity.

Stream Energy also has a partnership program that is similar to Ambit. Their monthly rates are not as attractive and there is no rewards program for customers so it may be harder to get customers to switch to Stream.