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Share this on Facebook Even in a deregulated electricity market, a local utility still handles how electricity is transmitted and distributed to customers, and customers cannot choose their local utility. The utility company transmits a customer’s chosen electricity, maintains and repairs the power grid and usually bills customers for electricity usage and transmission. Shopping & Travel Confused about electricity industry terminology? Our ever-growing Glossary is a good place to start. Slash train fares with hidden train ticket combos SUVs (21% VAT + another 6% electricity tax are included in this price) or more (22) Phone Deals Two companies provide electric service to your facility: the Retail Electric Provider and the wires company (also known as the Transmission and Distribution Service Provider, or the Transmission and Distribution Utility, or the utility company). In Houston, it is known as CenterPoint Energy. 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