A big electric company claims a capacity market in Texas would be worth it. But at a cost of nearly $5 billion annually to consumers, the question might be asked: worth it for whom?
The purpose of a capacity market is to INCREASE energy costs. By their very design, capacity markets contribute to higher prices.
As much as $2.3 billion annually. That’s how much Texans can expect to pay in additional energy costs if policymakers adopt a plan to subsidize the state’s powerful electric generation companies.