May 14, 2009 | Industry News
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...
May 5, 2009 | Industry News
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...
May 5, 2009 | Industry News
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...
Apr 28, 2009 | Legislative Watch
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...
Apr 24, 2009 | Industry News
It’s no longer a secret that the Texas electric market has led to skyrocketing electric bills. Texas consumers have gone from paying rates below the national average to prices well above it. What’s interesting, however, is that this trend appeared to have been...