Extreme weather in Texas has a significant impact on electricity prices in the state, since heating and cooling drives electricity usage.
Weather can significantly impact Texas electricity rates due to supply and demand. Warm weather drives high electricity usage for cooling homes and businesses. Cold weather extremes cause power usage to soar with demand for heat. And yet electricity supply has its limitations. Your best bet for electricity shopping is to avoid the seasonal extremes.
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.
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