Somebody out there thinks Texans will be paying more for electricity next year.
Since mid-February, the futures price of electricity (yes, that exists, just as with crude oil and natural gas) in the state’s largest electric grid reversed a yearlong decline and started rising.
The trend represents the belief among industry players that by 2013-14, power prices in North Texas and much of the rest of the state will be higher, although nowhere near the painful levels of 2007-08.
Read the full article at the Fort Worth Star-Telegram.
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.