A decision could come early next year about how Texas plans to help ensure its energy reserves meet rising demand for power amid the state’s booming economy and population.
Electric bills have long been take-it-or-leave-it affairs: Pay one rate for power, no matter when you used it. Now they are increasingly offering deals that sound like cell phone promotions: Free nights, free weekends and pre-paid plans.
The Texas power grid barely has enough electricity to meet demand this summer, and an unexpected drop in generation or spike in demand could lead to rolling blackouts, the president of the Electric Reliability Council of Texas testified Tuesday.
The Texas Public Utility Commission voted Thursday to raise the wholesale electricity price cap by 50 percent this summer in a move it hopes will spur construction of new power plants.
The Texas Public Utility Commission is considering raising the price cap on wholesale electricity rates by 50 percent this summer in hopes it will spur construction of new power plants.
The manager of the electricity grid in Texas says four inactive natural gas units will be brought online for emergency use through October as the state battles extreme heat and drought.
The North Texas heat wave is devastating local food pantries and food banks. Soaring temperatures have increased electricity costs for businesses and residents, resulting in fewer donations for charities.