Monday, May 20, 2013

Compare Cheap Electricity Texas

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Texas Electricity Rates Might Be Rising










http://www.houstoncommercialelectricityrates.com/texas-electricity-rates-may-... Welcome to Houston Commercial Electricity Rates

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Looks like Texas electricity rates may be going up soon after the Texas PUC voted to raise the wholesale electricity cap.

Which means that companies can charge more for their electricity.

Will that happen? There is a good chance it will raise energy rates across the Lone Star state.

The good news for Texas residents living in deregulated zones is that they can choose their electricity providers.

There are always small companies that want to gain market share by advertising super low rates to entice new customers. Most providers usually buy the energy upfront from the electricity producers.

So if the energy consumption goes above their expected allocation then these smaller companies can get in trouble.

The best thing that you can do for your household or business is to lock in a low multi-year rate right now. It's pretty obvious that Gov. Perry and the PUC have setup an environment for higher rates soon.

Protect yourself now or you might be sorry down the road.

The PUC hopes that this increase will lead to more energy production in the state. Most likely nothing much will happen before the election but it's better to get a feel for the market right now.

The following is from ReporterNews - http://www.reporternews.com/news/2012/jun/28/texas-oks-boost-in-wholesale-ele... : AUSTIN — The Texas Public Utility Commission voted Thursday to raise the wholesale electricity price cap by 50 percent this summer in a move it hopes will spur construction of new power plants. Texas officials say the state must boost generating capacity to meet growing demand in the next few years to help avoid rolling blackouts during peak periods such as hot summer days. Supporters of the increase hope the lure of new profits will spur power companies to build more power plants.

But consumer groups warn it could raise costs by billions of dollars, leading to higher electric bills for Texas households with no guarantee of new construction. The vote by the three-member commission, all appointed by Republican Gov. Rick Perry, raises the wholesale rate cap on Aug. 1 from the current $3,000 per megawatt-hour to $4,500.

And there could be more to come. Commissioners are already considering tripling the price to $9,000 in 2013.

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