The area now known as the City of Richardson, Texas used to be inhabited by tribes of Comanche and Caddo Native Americans before settlers from Tennessee and Kentucky started setting up residential and agricultural communities. Much activity was concentrated on a land donated by William J. Wheeler where the town site and a railroad station would be established. Wheeler refused to have his name used to name the new settlement so instead the locals named their town after E.H Richardson, the contractor who built the Dallas to Denison railroad line.
The simple town had only a few businesses and relied on commerce brought from the railway when it was chartered in 1873. An increase in economic activity came about with the commissioning of the electric railway Interurban in 1908 which serviced passengers going to Denison, Waco, Corsicana and Fort Worth. The streets were then paved in gravel and the residents had their first taste of electric lights and a telephone.
In was in 1924 however, when the city experienced an economic boom with the completion of Greenville Avenue or Red Brick Road, bringing a significant increase in commerce, residential and small business establishments. Eventually, the town was incorporated the following year and soon the city enjoyed the convenience of waterworks, fire department, and electricity utilities. Now, Richardson is an affluent community that is home to the Telecom Corridor where some of the world’s largest telecommunications, networking and electronics manufacturing companies are headquartered.
These companies rely on the several electric service providers that supply them with commercial electricity for their operations. Richardson is among the Texas cities that have fully implemented energy deregulation of its power market, creating a competitive atmosphere among existing and emerging electric companies in the city. With energy deregulation, Richardson residents and businesses enjoy great savings and affordable electric rates while using their power to choose electric companies that will supply them power.