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All About Energy

The Death of 1¢ Electricity Rates

Will McGinnis Apr 20, 2017 8:01:00 AM
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It's no surprise that most folks in Texas
are familiar with Power to Choose, a website known to help Texans find their next energy provider and plan. 

 

The PUC changed the default view of the Power to Choose website, removing many of the 1¢ electricity rates. But why? Penny rates seemed like such a great deal. But were they really?

 

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My 1.2¢ Electricty Rate Mistake

JB Sowyrda Aug 23, 2016 8:00:00 AM
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Like most people looking for a residential electricity plan, you scour the internet in search of the cheapest available rate. When you finally find a list of offers, an enticing 1.2¢ rate appears at the top of the search.

 

1.2 cents! Currently, wholesale electricity prices fall into the 2-3¢ range - making a 1.2¢ rate seem to good too be true. I guess that means, even experts in energy are suspicious of how such a low rate can be possible.

 

I needed to ask myself a few questions.  Is this 1.2¢ rate actually cheaper than say a 5.5¢ rate? And if so, how do those numbers add up? Even though I asked myself these questions and had a general idea of the answers before contracting my residential electricity, I decided to sign up to get the answers firsthand.

 

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Demand Response's Journey to a Better Future in ERCOT

Jared Crane Apr 15, 2016 10:35:30 AM
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We've talked a lot this year about Demand Response (DR), in particular ERCOT's Emergency Response Service (ERS) program. The market for demand side management and system operator incentives for load curtailment grew rapidly in recent years and as a result, the ERS program has been experiencing some growing pains.

 

 

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Summer 2016 SARA Forecasts

Jim Kordoban Mar 1, 2016 1:53:00 PM
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ERCOT released their seasonal forecasts today and the belief is "sufficient generation available to meet projected peak demand requirements during the upcoming spring and summer seasons." 

The Seasonal Assessment of Resource Adequacy (SARA) for spring 2016 showed a whopping 21,000 MW of excess generation available to serve the roughly 58,000MW of expected peak demand.

 

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