ERCOT

Will Electricity Prices Fall this Fall in Texas?

We get questions like this all the time from customers, friends and neighbors. Will electricity prices fall this fall?

Normally we would say, of course! Electricity prices always drop in the fall in Texas. And this year is no exception, based on what we’re seeing with pricing. Prices are dropping… just not as far as we all hoped.

Let’s take a look at where electricity prices are this year versus last year, what’s going on, and where Texas Fall 2022 electricity prices may be headed.

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What’s Going On With Texas Electricity? February 2021

What’s going on with Texas (ERCOT) electricity? And more importantly, why don’t I have lights?

Below we walk through what’s going on with Texas electricity during this brutal cold snap. We also have some ideas on why rolling blackouts have turned to 36+ hours without power in some areas.

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Impact of Coronavirus on Texas Electricity Grid

In times of uncertainty, it’s natural for people to be concerned about those things that they can’t control. At ElectricityPlans.com we are working to get answers to some of the most common questions you may have about electricity reliability.

Will my power be disconnected if I can’t pay my bill?

What are electricity prices like right now?

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Texas Electricity Trends for 2020

Texas electricity rates in 2019 were relatively flat compared to the prior year. And if you were in a fixed rate contract throughout 2019, you had a secure price. But those who were on a variable rate or a wholesale index rate (i.e. Griddy Energy) had their rate explode in mid August when ERCOT hit a historic usage level.

So what will happen in 2020? It all depends. But indications are that market forces are driving up retail energy prices in the short term, and that long-term contracts might be the way to go this year.

>>Want the latest Texas electricity trends? Here are Texas Electricity Trends for 2021

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The Breeze Energy Meltdown: A Sign of Things to Come?

Breeze Energy customers got a rude surprise on May 30, 2018. They received notification that their retail electric provider had gone out of business.  They would now be served at a high market rate by the Provider of Last Resort, or POLR. What would you do if you received such a notice? And what is the risk of it happening to you?

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