Utility experts told Texas legislators Feb. 9 that residents will likely have to reduce their power consumption this summer because of inadequate electric power reserves if the weather reaches record highs again, the Houston Chronicle reports.
Several new obstacles, including a surging population, regulations impacting the power industry, and low natural gas prices have combined to pressure the state’s electricity market.
Continue to the Houston Business Journal for the full article.
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.