Re:Texas power crisis revealed flaw in market’s design
by WillPostForFood on Wednesday February 09, 2022 @01:58AM
(#30269777)
price per kwh isn’t terribly competitive compared to more tightly regulated states
Texas is half the price of residential electricity compared to California or New York. The other states in in the West South Central region are also low reg or deregulated, and have similar low prices. Texas was been a little lower a few years ago, not sure why it spiked up. There have been some coal plants taken offline, and the cost of outage last year also is affecting rates now.
Texas is half the price of residential electricity compared to California or New York. The other states in in the West South Central region are also low reg or deregulated, and have similar low prices. Texas was been a little lower a few years ago, not sure why it spiked up. There have been some coal plants taken offline, and the cost of outage last year also is affecting rates now.