With the power to select a supply plan, shopping affordable Texas electric rates could possibly save you loan on your month-to-month electrical energy expenses. Websites can assist you compare retail power companies in Texas, discovering the supply strategy that is appropriate for you. Best of all, there isn't any type of danger when you shop Texas power. Basic enter your ZIP code to start finding electrical supply prices in your location.
Texas Find Best Electricity Rates
Variable-rate supply plans, as the name suggests, have a price that differs based on the market rate of electrical power. Seasonal as well as market changes can affect supply rates. While variable-rate supply strategies can enable you to make the most of market-price lows, there is the possibility of paying for high supply prices when demand goes to its optimal. These plans provide excellent flexibility.
Among the standards of an effective cost-free market is the variety of choice given to consumers. Option can be checked out both in terms of the variety of firms energetic out there as well as the range of products those companies supply to customers. In the initial years of retail electric deregulation in Texas, the marketplace experienced dramatic adjustments in both metrics. In 2002, residential consumers in the Dallas-Fort location could select between 10 retail electrical service providers provide an overall of 11 rate plans. By the end of 2012, there were 45 retail electric service providers providing 258 various rate strategies to domestic customers because market. Similar rises in the number of retail readily available strategies and also electric carriers have been realized in other decontrolled power market areas with the state.
Utility companies are in charge of transmission as well as shipment of power also in power decontrolled parts of Texas and ought to be contacted in case of a power interruption. Your retail power provider may offer you affordable electrical prices or phenomenal client service, however they can not fix power lines or recover your solution. When it comes to an emergency situation, call:
According to a common economic concept, prices are ideally identified in a reasonable as well as transparent market, as well as not by a political or scholastic body. In deregulation of electrical power markets, one immediate worry about prices is that incumbent electrical energy carriers would undercut the rates of brand-new entrants, avoiding competitors and perpetuating the existing monopoly of companies. Hence, the SB7 bill presented a phase-in period during which a price flooring would certainly be established (for incumbent electrical power firms) to avoid this aggressive practice, enabling brand-new market participants to come to be developed. New market entrants might bill a cost listed below the cost to defeat, yet incumbents can not. This duration was to last from 2002 to January 1, 2007. As of 2007 Texas capitalist had energy affiliates no much longer have rate to defeat tariffs.
In discovering you the best Texas electrical prices, we just note electrical business that have excellent business security, exceptional service, ecological awareness, and clear prices. This protects you from providers that could soon go out of company, are unattentive to consumers, are eco unsound, or may wind up billing you a higher price than advertised.
The majority of Texas electrical energy providers use strategies that include a percent of energy sourced from renewable resources, such as hydro power, wind power and solar energy. Some are entirely sourced in this way. These strategies are a great method for Texas power consumers to help the setting without damaging the bank. Along with environment-friendly energy plans, numerous Texas vendors provide customers the option to buy renewable resource certificates, or RECs, that further balance out consumers' carbon emissions. The purchase of RECs additionally helps fund study and usage of renewable resource sources, to make sure that Texas can remain at the center of eco-friendly power technology.
With the power to pick a supply plan, purchasing affordable Texas electrical rates could possibly conserve you loan on your regular monthly electrical power costs. Best of all, there isn't any threat when you shop Texas electrical energy.
Fixed-rate supply strategies offer price-protected supply rates for the length of a term agreement. The rate per kilowatt hr (kWh) will certainly remain the same throughout your term, even if the marketplace cost changes. A fixed-rate supply strategy can vary from 3 months to five years, so it is very important to discover the term length that functions ideal for your circumstance.
Since the Texas electrical energy market available to competition in 2002, numerous Texas citizens have had the possibility to choose their own electrical energy supplier. Instead of relying on their regional energy to provide them with power, many Texans can pick from a selection of affordable suppliers, enabling them to go shopping about for the ideal power prepare for their homes and also way of livings.
Because the Texas electrical energy market opened to competition in 2002, numerous Texas homeowners have had the chance to pick their very own electricity provider. As opposed to relying upon their regional energy to offer them with electricity, most Texans can pick from a range of competitive service providers, permitting them to search for the excellent electricity prepare for their way of livings and also residences.
The cost to defeat seemed to complete its objective of bring in rivals to the marketplace throughout the period via January 1, 2007. It allowed competitors to get in the market without permitting the incumbents to undercut them in rate. It has actually additionally offered power consumers the capability to contrast energy rates provided by various service providers. The less-regulated carriers undercut the rate to beat by only a small margin considered that they have to balance reduced rates (to build as well as bring in clients market share) with higher prices (required to reinvest in new nuclear power plant). Because of the little distinction in contending prices and also slow-moving (yearly or two) "purchasing" procedure, rate reduction due to competition was very slow-moving, and also it took a couple of years to balance out the original rise by "typical" electric service providers as well as move to lower prices.
Power to Pick is a program run by the Public Utility Payment of Texas. The program supplies a simple to utilize, on-line device that give homeowners of the state the chance to contrast rates, plans and other power alternatives.
Texas produces the many wind electrical energy in the UNITED STATE, however also has the highest Carbon Dioxide Emissions of any kind of state. As of 2012, Texas property electrical energy prices ranked 31st in the United States and ordinary regular monthly domestic electric expenses in Texas were the Fifth highest in the nation.
Fixed-Rate plan: With a fixed-rate plan, you'll secure in an electrical power rate for the term of your contract. If the cost stability of a fixed-rate plan appears like the finest alternative for you, lock in your electrical power rate, which offers complimentary electrical energy.
Texas currently produces and takes in a lot more electricity than any other state in the country. This power consumption is because of its dimension, yet the sufficient land makes it a major producer of wind power-- a sustainable, or green, energy resource. The eco-friendly power created by wind power is offered to several Texas residents to supply the electrical power in their home or organization.
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Texas Commercial Electricity
Given that the Texas electricity market available to competitors in 2002, several Texas citizens have had the chance to select their very own electricity company. Rather than counting on their regional utility to offer them with electrical power, a lot of Texans can select from a range of affordable suppliers, permitting them to shop around for the perfect electrical energy prepare for their way of lives as well as homes.
One desired impact of the competitors is reduced electrical energy prices. In the initial couple of years after the deregulation in 2002, the residential price for power enhanced 7 times, with the price to defeat at about 15 cents per kilowatt hr in 2006. While prices to customers raised 43% from 2002 to 2004, the prices of inputs rose much faster, by 63%, showing that not all boosts have actually been borne by consumers.
Fixed-rate strategies: Fixed-rate plans offer clients extra security for their month-to-month power expenses due to the fact that the price a customer register with is the price he or she spends for the length of the strategy's agreement. Most change features usage, though transmission and distribution costs and also regional costs additionally can transform. These plans frequently require a consumer credit rating check and also can consist of early termination charges because a fixed-rate strategy sometimes extends two-three years. Fixed-rate strategies, as a result of the proceeding market volatility, most likely are the finest selection for lots of consumers.
Therefore, 85% of Texas power consumers (those offered by a company not owned by a community or an energy cooperative) can select their electrical power solution from a range of retail electrical service providers (REPs), including the incumbent energy. The incumbent energy in the location still has as well as preserves the local power lines (as well as is the firm to employ the event of a power outage) and is exempt to deregulation. Consumers offered by cooperatives or local utilities can select an alternating REPRESENTATIVE only if the energy has actually "decided in" to deregulation.
The power to select supply prices from retail power firms in Texas encompasses companies, not just citizens. Local business owner that appreciate the lower line needs to absolutely take into consideration searching. To look for Texas electric rates for an organization, call us with your power usage info or submit our straightforward informational form so a power representative can call you with a free personalized quote.
It has also provided energy customers the ability to contrast power rates used by various companies. Due to the small difference in completing prices as well as slow (annual or so) "acquiring" procedure, rate decline due to competition was really slow-moving, and it took a couple of years to offset the initial rise by "conventional" electrical companies and move to lower rates.
According to a typical economic concept, rates are optimally established in a clear and also fair market, and not by a political or scholastic body. In deregulation of power markets, one prompt concern with rates is that incumbent electricity service providers would undercut the rates of new participants, protecting against competition and bolstering the existing syndicate of providers. Hence, the SB7 costs presented a phase-in duration during which a cost floor would certainly be established (for incumbent electricity firms) to avoid this predative technique, enabling new market entrants to end up being established. New market participants could charge a cost listed below the cost to beat, however incumbents could not. This duration was to last from 2002 to January 1, 2007. As of 2007 Texas investor possessed energy affiliates no more have price to beat tariffs.
In environmental influence, outcomes are blended. With the capability to spend profits to satisfy further energy need, manufacturers like TXU are suggesting eleven brand-new coal-fired power plants. Coal power plants are less expensive than all-natural gas-fired power plants, but generate even more pollution.
Texas has electrical energy consumption of $24 billion a year, the highest possible amongst the UNITED STATE states. Its yearly intake is equivalent to that of Great Britain and Spain, and if the state were an independent nation, its power market would certainly be the 11th biggest worldwide. Texas produces one of the most wind electrical power in the UNITED STATE, but additionally has the highest possible Carbon Dioxide Emissions of any type of state. As of 2012, Texas residential electrical energy prices placed 31st in the USA and typical monthly domestic electric costs in Texas were the fifth highest in the country.
One desired impact of the competition is lower power prices. In the very first couple of years after the deregulation in 2002, the property rate for power raised seven times, with the rate to defeat at around 15 cents per kilowatt hour in 2006. While prices to customers enhanced 43% from 2002 to 2004, the costs of inputs increased quicker, by 63%, showing that not all rises have been birthed by consumers.
When you're shopping for fantastic Texas electricity suppliers, you desire to be smart about it. Your selections go past Texas electrical energy prices. It was started in Texas and also offers Texans ... and also it's just the cool Texas brand.
The Public Energy Compensation (PUC) has a web site to assist you compare and locate all the electrical energy strategies as well as service providers in your location. You can filter your choices based upon your use, your preferred strategy kind, and a number of other variables. When you've selected the retail electricity company that best suits your demands, you can join straight from their web site.
Given that the Texas electrical power market open up to competitors in 2002, numerous Texas homeowners have had the chance to select their own electricity supplier. Rather than counting on their local energy to provide them with power, many Texans can select from a range of affordable carriers, permitting them to search for the perfect electrical energy prepare for their lifestyles and residences.
After Senate Costs 7 entered into effect in January 2002, almost 6 million power clients came to be eligible to choose their energy distributor. That number has actually expanded via the years. By deregulating the state's power market, the Texas Senate provided constituents the power to select. The procedure of energy deregulation in Texas took apart the utilities' monopoly over the electrical market and motivated consumers to discover their energy options.
Because the electrical power market opened up, increasingly more electrical power carriers have actually gotten in the market with various plans and also products. Companies supply a multitude of electricity strategies and advantages so clients can find the electrical energy plan that best fits their needs. While it's fantastic to have so many options, it can be confusing and challenging to choose an electricity plan. With options like fixed-rate, variable-rate, and pre-paid plans, along with differing price options, term sizes and benefits, purchasing for a power plan can be an overwhelming job.
Fixed-rate plans: Fixed-rate strategies offer consumers extra stability for their month-to-month power costs since the rate a customer signs up with is the price he or she pays for the length of the strategy's contract. Since a fixed-rate plan often spans two-three years, these plans typically need a customer credit scores check and can include early termination costs.
We advocate for customers and also examine suppliers in the Texas power market for functions and also qualities that normal energy customers may miss, such as high down payments, variable prices, incentives, "free" plans, and also minimum use strategies. Our mission is to help customers discover the very best electrical power suppliers to fit their private requirements, as well as educate consumers about potential marketplace challenges.
Texas currently creates as well as consumes more electrical energy than any kind of various other state in the nation. This power usage is due to its dimension, however the adequate land makes it a major producer of wind power-- an eco-friendly, or environment-friendly, energy resource. The eco-friendly power developed by wind power is offered to lots of Texas homeowners to provide the electrical power in their home or organization.
Multiple retail power providers in Texas desire to be your selection for electrical power. Considering that the electrical power market opened, more as well as much more electrical energy carriers have entered the market with numerous plans and products. Firms provide a plethora of electrical energy strategies and benefits so customers can discover the electricity plan that ideal fits their needs. If the cost stability of a fixed-rate strategy seems like the best alternative for you, lock in your electrical power rate, which offers complimentary power.
In Texas, the average house makes use of a standard of 77 million Btu of power per year, which is around 14% less than the nationwide standard. Damaging these statistics down also more shows us that electricity usage in the ordinary Texan house is 26% greater than the rest of the United States, nevertheless this isn't much greater than numerous other states that are closest to Texas.
The cost to defeat appeared to achieve its objective of attracting rivals to the marketplace during the period via January 1, 2007. It enabled rivals to enter the marketplace without allowing the incumbents to damage them in price. It has actually likewise offered energy customers the capability to compare energy rates offered by different carriers. The less-regulated companies damage the cost to defeat by just a little margin provided that they must stabilize reduced costs (to bring in customers and construct market share) with greater costs (required to reinvest in brand-new nuclear power plant). As a result of the tiny distinction in completing costs and slow-moving (annual or so) "acquiring" procedure, price decline because of competitors was extremely sluggish, and it took a few years to counter the original increase by "traditional" electrical service providers and also transfer to lower rates.
As an example, customers for Texas electricity plans in the TX, could discover 12-month prepare for 6.9 cents/kWh in February; by June, electrical energy prices had increased 29 percent to 9.5 cents/kWh. As of very early September, 12-month plans were up once again, to 10.2 cents/kWh-- a 7.5 percent walking from June and a 49 percent increase just since February.
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One desired effect of the competitors is lower electrical power prices. In the first few years after the deregulation in 2002, the household rate for electricity raised seven times, with the rate to beat at about 15 cents per kilowatt hour in 2006. While rates to customers raised 43% from 2002 to 2004, the prices of inputs increased faster, by 63%, revealing that not all increases have been borne by customers.
Over the past summer, the Public Utilities Payment of Texas has actually been frustrated by Retail Energy Providers using prices tricks that deceive Texas customers into high monthly expenses at its Power to Choose website. The PUC of Texas' best remedy was to tweak some sort settings, restrict the number of REPRESENTATIVE plans, and also supply a "series of user-friendly PDFs and videos meant to direct and also educate the consumer." The chairman has even recently stated that if the PUCT can not find out an option, then the commission might just shut down the Power to Pick website.
Texas currently generates as well as eats a lot more electrical energy than any other state in the nation. This energy usage results from its dimension, however the ample land makes it a significant producer of wind power-- an eco-friendly, or green, power resource. The ecologically pleasant energy created by wind power is available to numerous Texas citizens to provide the electricity in their house or service.
The majority of Texas electrical energy suppliers use plans that include a percent of power sourced from renewable sources, such as hydro power, wind power and also solar power. In addition to green power plans, several Texas providers give customers the alternative to acquire renewable power certifications, or RECs, that additional offset consumers' carbon emissions.
In deregulation of electrical energy markets, one prompt worry with prices is that incumbent power service providers would damage the rates of brand-new participants, stopping competition and also continuing the existing syndicate of service providers. Hence, the SB7 bill presented a phase-in duration during which a rate floor would be established (for incumbent power firms) to avoid this predacious practice, permitting brand-new market entrants to become established. As of 2007 Texas capitalist possessed energy associates no longer have price to beat tolls.
Due to the enhanced use of gas instantly after deregulation, new-era power devices such as wind power as well as smart-grid modern technology were substantially aided. Texas' very first "eco-friendly profile criterion"-- or requirement that the state's energies obtain a particular quantity of their power from eco-friendly power like wind-- was authorized into law in 1999, as part of the exact same legislation that deregulated the electrical market.
Considering that 2002, around 85% of industrial and also industrial consumers have actually switched power service providers at the very least as soon as. Approximately 40% of residential customers in decontrolled locations have actually switched from the former incumbent service provider to a competitive REP.
In locating you the best Texas electric prices, we only provide electrical companies that have great business security, outstanding solution, ecological understanding, as well as transparent rates. This protects you from service providers that could quickly fail, are unattentive to customers, are environmentally unhealthy, or may wind up billing you a greater price than advertised.
Multiple retail electrical energy service providers in Texas wish to be your selection for electricity. We are devoted to assisting you conveniently review the countless electrical energy strategies available to Texas businesses and also homes. We are an independent source of info to aid you compare the very best Texas electrical energy rates effectively as well as efficiently.
Because the electricity market opened, extra and extra electrical power carriers have gone into the market with different plans and items. Firms supply a multitude of electrical power plans as well as benefits so clients can locate the electricity plan that ideal fits their requirements.
Thousands of customers as well as companies that have utilized our power price contrast process concur that, when buying for industrial electrical power or household electrical power rates as well as strategies, our site is the one-stop resource for the finest choices from top electrical companies.
Considering that the Texas electrical power market available to competition in 2002, several Texas citizens have had the opportunity to pick their very own power supplier. Rather than counting on their neighborhood utility to supply them with electrical energy, a lot of Texans can select from a variety of affordable carriers, allowing them to shop about for the best electrical power prepare for their residences as well as way of lives.
Variable-rate plan: A variable-rate strategy implies the rate you pay for your electrical power may vary based on the market rate of energy. Variable-rate strategies are versatile due to the fact that you are not locked right into an agreement; however, you'll pay a greater price in high-demand periods like summer season.
They offer low-cost electrical rates in hopes of becoming your brand-new Texas electrical power company. You obtain a cheap electrical price and the strategy of your option, and the provider adds one more satisfied customer.
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After Senate Expense 7 entered into effect in January 2002, almost 6 million power consumers ended up being qualified to pick their power provider. That number has grown through the years. By deregulating the state's energy market, the Texas Us senate offered constituents the power to choose. The process of power deregulation in Texas dismantled the energies' syndicate over the electrical market and motivated customers to explore their energy options.
There are various options for term lengths in the Texas power market. Various term lengths frequently have different rate points, so if you're extra flexible with the size of your contract, you can obtain a cheaper rate. If you choose to stay clear of a long-lasting commitment while longer contracts generally give the benefit of longer-term rate stability, agreements with shorter term sizes are great.
We support for customers as well as assess companies in the Texas electricity market for features and also qualities that regular power customers might miss out on, such as high down payments, variable rates, incentives, "complimentary" strategies, and minimum use strategies. Our goal is to help customers locate the ideal power suppliers to fit their private requirements, in addition to inform customers concerning prospective marketplace pitfalls.
In deregulation of power markets, one instant issue with prices is that incumbent electrical energy suppliers would certainly undercut the rates of new entrants, preventing competitors and bolstering the existing monopoly of providers. Thus, the SB7 bill introduced a phase-in period throughout which a rate floor would certainly be developed (for incumbent electricity companies) to prevent this predatory technique, allowing new market entrants to come to be established. As of 2007 Texas capitalist possessed utility affiliates no longer have rate to beat tariffs.
Texas currently produces and consumes more electricity than any kind of various other state in the country. This power intake is because of its dimension, but the ample land makes it a major producer of wind power-- an eco-friendly, or eco-friendly, energy resource. The eco-friendly energy created by wind power is available to lots of Texas homeowners to provide the electrical power in their house or business.
Variable-rate plan: A variable-rate strategy indicates the rate you pay for your electrical power may change based on the market cost of energy. Variable-rate strategies are flexible due to the fact that you are not locked into a contract; however, you'll pay a greater rate in high-demand periods like summer.
Variable-rate strategy: A variable-rate strategy suggests the rate you spend for your power may rise and fall based upon the market rate of power. Energy rate relies on many variables, like climate, demand, fuel rates, the circulation system and the marketplace. Variable-rate strategies are adaptable due to the fact that you are not secured right into a contract; nonetheless, you'll pay a higher rate in high-demand periods like summer. A variable-rate strategy could be ideal for you if you like to search and also watch on prices.
In ecological influence, outcomes are combined. With the capacity to spend revenues to satisfy further energy need, producers like TXU are recommending eleven brand-new coal-fired power plants. Coal nuclear power plant are more affordable than natural gas-fired power plants, however generate even more pollution.
As a result, 85% of Texas power customers (those served by a company not owned by a community or an utility cooperative) can pick their power service from a selection of retail electrical companies (Representatives), including the incumbent energy. The incumbent energy in the area still has as well as keeps the local power lines (and is the company to hire the event of a power failure) as well as is not subject to deregulation. Customers offered by cooperatives or local energies can select an alternative REPRESENTATIVE just if the utility has actually "opted in" to deregulation.
As a result of the increased use of all-natural gas instantly after deregulation, new-era energy tools such as wind power and smart-grid technology were considerably aided. Texas' very first "eco-friendly portfolio requirement"-- or demand that the state's energies obtain a certain quantity of their power from sustainable power like wind-- was signed right into law in 1999, as component of the exact same legislation that deregulated the electrical market.
According to a 2014 report by the Texas Coalition for Affordable Power (TCAP), "deregulation cost Expense about Regarding22 billion from 2002 to 2012.
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Texas power rates are on their means down again. After a summertime spike, electricity prices across Texas have actually dropped.
Consequently, 85% of Texas power consumers (those offered by a firm not owned by a town or an energy cooperative) can pick their electrical power solution from a variety of retail electric providers (REPs), including the incumbent energy. The incumbent energy in the location still possesses as well as maintains the local high-voltage line (as well as is the company to call in the occasion of a power blackout) as well as is exempt to deregulation. Clients served by cooperatives or local utilities can choose an alternative REP just if the utility has "decided in" to deregulation.
Environment-friendly energy plans are sustained 100% by Renewable Resource Certifications (RECs) that are acquired as well as retired in an amount adequate to match your annual usage. RECs are a tradeable, non-tangible energy product in the USA that stands for proof that 1 megawatt-hour (MWh) of electricity was generated from a qualified sustainable energy source like biomass, hydro, solar or wind. Please see your Regards to Solution for even more info.
Companies know that they are completing to win your business when you utilize our rate contrast process. They use low-cost electric prices in hopes of becoming your new Texas power company. This advantages both you and the company you pick. You get an inexpensive electric rate and the plan of your option, and also the carrier adds one more pleased customer.
Fixed-Rate plan: With a fixed-rate strategy, you'll secure in an electrical power price for the term of your agreement. If the cost stability of a fixed-rate strategy appears like the finest choice for you, secure in your electrical power price, which offers totally free power.
The Texas Senate Bill 7, passed in 2002, gave 5.6 million Texans the power to select a retail electrical provider (ASSOCIATE) to provide electrical energy to their house or company. This expense assisted in a competitive energy industry that 80 percent of Texans can maximize today. Power selection is offered to citizens in Houston, Dallas/Fort Well worth in addition to other cities in Texas.
The PUC's objective is to shield consumers, foster competitors, as well as promote premium facilities. In addition to regulating the states electric utilities and also implementing regulations, the PUC supplies Texas locals assistance in settling customer grievances. If you have a problem with your electrical energy company you can go to the official PUC site and also submit an informal problem.
You can typically locate this information by looking at your power expense or by calling your power supplier. According to the Public Utility Commission of Texas, clients can switch carriers without paying an early termination charge if they arrange the switch no earlier than 14 days prior to their current plan ends.
Several retail electrical power suppliers in Texas intend to be your option for electricity. We are devoted to aiding you quickly assess the numerous power strategies offered to Texas houses as well as companies. We are an independent source of details to aid you contrast the most effective Texas electrical energy prices effectively and also effectively.
You want to be clever about it when you're going shopping for great Texas electricity companies. Your selections surpass Texas power rates. We not only provides large amounts, but you can register for benefits programs, refer your friends, track your use by home appliance, and also extra. Required much more persuading? The company offers back to the community and also has fantastic consumer solution by phone, Facebook, and Twitter. It was started in Texas as well as offers Texans ... and also it's just the great Texas brand.
Because the Texas power market opened up to competitors in 2002, many Texas homeowners have actually had the opportunity to choose their very own electrical energy carrier. As opposed to depending on their local energy to provide them with electricity, most Texans can choose from a selection of competitive carriers, allowing them to look around for the perfect electrical energy plan for their lifestyles and residences.
Consequently, 85% of Texas power consumers (those served by a business not had by a municipality or an energy cooperative) can choose their electricity solution from a selection of retail electrical service providers (Associates), including the incumbent energy. The incumbent utility in the location still owns and also preserves the neighborhood high-voltage line (and is the business to hire the event of a power failure) and also is exempt to deregulation. Customers served by cooperatives or community utilities can pick an alternate ASSOCIATE just if the energy has "chosen in" to deregulation.
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