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Whether we like it or not, prices for items such as milk, gasoline, and grain will continue to increase in the course of our lifetime. But the rates at which these prices will inflate are tough for the average American to guess. What we can do, however, is stay vigilant with what we can control. For many of us, that means shopping around for electricity.

There are roughly 17 states with deregulated electricity market. The size and impact of deregulation within a state varies wildly. For example, around 85% of Texas homes and businesses are within a deregulated market, meaning they can shop, compare, and switch to an electric rate and plan offered by a retail electricity provider (REP). On the other hand, states like West Virginia have a very limited electric choice program — very few homes and businesses benefit from it.