ERCOT: Climate Legislation = Higher Prices

ERCOT: Climate Legislation = Higher Prices

A typical monthly electric bill could increase by $27 as a consequence of proposed climate change legislation in Washington, according to a new analysis by ERCOT. Released May 12, the report projects the cost of reducing carbon emissions back down to 2005 levels by...
Texas vs. the United States

Texas vs. the United States

When it comes to making excuses for the high cost of power, the industry likes to compare apples to oranges. For instance, industry reps have compared current Texas prices to nationwide prices from five months ago – even though nationwide prices have come down since...
AARP: Market Transparency Will Bring Consumer Savings

AARP: Market Transparency Will Bring Consumer Savings

Want to save big bucks on your light bill? A new report sponsored by AARP proposes a no-cost policy change that could save the state’s deregulated electricity market nearly $1billion annually – or about $52 on an average bill – while simultaneously bolstering...
Nuclear Renaissance?

Nuclear Renaissance?

Despite all the recent hype about nuclear power, a new renaissance in the industry may not be in America”s future. At least, that”s how many have interpreted recent statements by new FERC chairman Jon Wellinghoff, who created quite a stir in the industry...
Another Erroneous Nodal Budget

Another Erroneous Nodal Budget

The ink is hardly dry on the new nodal budget – all $644 million of it — and already ERCOT is having to admit that it has made another error. During an April 22 ERCOT board meeting, ERCOT Chief Financial Officer Steve Byone acknowledged that planners for the...