Electric Prices Rising in the U.S., Falling in Texas

According to the most recent data available at the Energy Information Administration’s Electric Power Monthly, the average residential electric price in Texas has fallen by 2.8% between the months of January and August 2009.

When you remove Texas from the nationwide calculation, the average residential electric price in the rest of the nation has risen by 10.4% over the same time period.

Meanwhile, consumers continue to have available retail price offers well below the national average available in all competitive areas of the state. ERCOT has faced a number of challenges — including the growth of energy users in the state, increased demand for electricity and high and volatile natural gas prices. Despite these challenges, the competitive electric market has still benefited customers by offering fair prices, multiple offers and continued reliability.

Advertisements
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: