Market securitization charges are a new line item on Texas electricity bills. They’re a direct outcome of Winter Storm Uri, paying for some of the extraordinary costs of that storm. You can’t avoid paying these fees, which are from a regulatory change. But you might as well understand them, since you’ll be paying them for the next 30 years.
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.
See our Texas Electricity Rate Trends 2023 article for the latest electricity price forecast for 2023.
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Cheapest Electricity Rates in Texas (June 2023)
Finding the cheapest electricity rates in Texas doesn’t have to be hard. Every month we update our recommendation for the top 3 cheapest electricity companies in Texas, and our cheapest electricity rates for fixed rates plans. Here’s the June 2023 update.
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Why are Texas Electricity Prices So High?
In 2022, we had some of the highest electricity prices since deregulation. But now? Prices have come down by 30% or more vs. last year.
Here’s a recap on why prices are so high some years (and during the summer) and some strategies on how to get the best price for your home or business.
For the latest on electricity price forecast, check our article on 2023 Texas Electricity Price Trends or enter your zip code below.
Texas Electricity Trends for 2022
Texas electricity rates in 2022 continue to show the greatest value with long terms plans. The other big trend? More green energy electricity plans as Texas moves generation to renewable energy.
(In a hurry? Jump right to our recommendations on the best residential Texas electricity plan for 2022.)
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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Sales Tax Exemption in Texas – Cut Your Business Electricity Cost
Your Texas business may qualify for a sales tax exemption on your electricity bill. To do so, you’ll need a Predominant Use Study. That’s an engineering report that shows how much of your electricity you use producing goods.
Here’s what you need to know about the Texas Sales Tax Exemption and how to your business can qualify.
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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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US Energy Trends for 2020
Where are energy rates going for 2020? And what are the trends to watch? In this article we examine some of the important factors in energy rates, including: natural gas prices, the continued growth of renewable energy, and potential changes in capacity markets.
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