Sept. 21 — Electricity might be getting more expensive. One of the state’s largest power providers needs money to help recover from Hurricane Harvey.
AEP Texas representatives said Hurricane Harvey cost them approximately $415 million in terms of damage done to the electrical grid in the Coastal Bend.
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.