Electric companies in Texas are on a list that helped create one of the most successful competitive electricity markets in the United States of America. Texas is also one of the states in US that has the fastest development and generation potential in terms of the electricity market, with its power generation capabilities of over 25 gigawatts installed during the past few years. The dynamics of marketing the electricity to consumers in Texas are handled by Retail Electric Providers (REPs) that are licensed by the state. There are approximately 40 Texas electricity providers that offer different electric rates and plans to private and commercial customers. This signifies that Texas electricity market is actively operating and being enjoyed by the consumers.