Somebody out there thinks Texans will be paying more for electricity next year. Since mid-February, the futures price of electricity (yes, that exists, just as with crude oil and natural gas) in the state’s largest electric grid reversed a yearlong decline and started rising. The trend represents the belief among industry players that by 2013-14, Continue reading ?
Record heat in Texas is driving the price of electricity through the roof, according the Wall Street Journal. Texas relies heavily on natural gas for electricity, so it was anticipating a decline in bills, since gas is so cheap now,... Read Post
Will the lights stay on in 2012? Texas electricity experts cannot say for certain. The state’s electric grid operators are coming off a tumultuous year, one they are not eager to repeat. In February, a deep freeze knocked numerous p... Read Post