Extreme weather in Texas has a significant impact on electricity prices in the state, since heating and cooling drives electricity usage. Just the forecast of weather extremes – heat, cold, tropical storms or hurricanes – can send Texas electricity rates soaring.
It all comes down to supply and demand. In this article we review how weather impacts both supply and demand, how weather impacts electricity prices and why fixed rate plans are your best protection against weather risks.
Read More about How Does Weather Affect Texas Electricity Rates?