Electricity rates in Texas have a complex mix of factors effecting them. Unlike many other western states, Texas does not have a lot of hydro-electric power so it has to plan to find electricity from another source. With a high population and high average temperatures all summer long, Texas has a unique energy problem that many states simply do not have to face.
The main influence in Texas electricity rates is the fact that most of the electricity in the Texas power grid is generated from coal powered generators. Natural gas prices effect power prices in Texas because the generators which kick in to add to the power available to the grid are powered by natural gas. This added demand on the grid does overflow to effect electricity prices in Texas, and frequently in a negative way. With the majority of the price fluctuation passed on to the end user, the effect on energy costs may end up hurting the consumer financially.
Since Texas has such high temperatures, and a huge chunk of the population of the U.S., the demand on the grid can be extreme. Add to that the enormous amount of materials required to sustain a grid that large and you have a great idea of the logistical nightmare that residents and utility providers face there.
When you factor in those things, you can see that Texas electricity rates are effected by a complicated network of issues that are not too common. The citizens of Texas are speaking loudly in an urgent attempt to find a resolution for the difficulties, but solar power in a sunny state is going to ultimately be the answer.
Never before has the consumer had the tools at hand that we do now, so make sure to use this information to your advantage. - 30558
The main influence in Texas electricity rates is the fact that most of the electricity in the Texas power grid is generated from coal powered generators. Natural gas prices effect power prices in Texas because the generators which kick in to add to the power available to the grid are powered by natural gas. This added demand on the grid does overflow to effect electricity prices in Texas, and frequently in a negative way. With the majority of the price fluctuation passed on to the end user, the effect on energy costs may end up hurting the consumer financially.
Since Texas has such high temperatures, and a huge chunk of the population of the U.S., the demand on the grid can be extreme. Add to that the enormous amount of materials required to sustain a grid that large and you have a great idea of the logistical nightmare that residents and utility providers face there.
When you factor in those things, you can see that Texas electricity rates are effected by a complicated network of issues that are not too common. The citizens of Texas are speaking loudly in an urgent attempt to find a resolution for the difficulties, but solar power in a sunny state is going to ultimately be the answer.
Never before has the consumer had the tools at hand that we do now, so make sure to use this information to your advantage. - 30558
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