While there are several variables that affect the price of electricity—everything from weather to seasonality to international politics—here in Texas the price of electricity is closely tied to the natural gas market. Generally speaking, when natural gas prices drop, electricity rates drop with them. As a result, those of us in the energy industry keep. Read the Rest…
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Tag: ‘Commercial Electricity in Texas’
Electricity Load Surpasses ERCOT’s Forecast
Summer officially starts June 21, but in Texas and most of the South, it seems like summer has gone on forever. Through today, the last 21 days have been 95 degrees or higher in the Dallas, Texas area. Hot temperatures and high winds continue to push electricity demands across the region and the National Weather. Read the Rest…
ERCOT Pulls the Plug on Electric Retailer Abacus
ERCOT Pulls the Plug on Electric Retailer Abacus Dallas-based electric retailer, Abacus, is filing bankruptcy after previously defaulting on its financial obligations to the Texas power grid—ERCOT. Abacus had been seeking to develop an installment plan for the debt with the intention of re-entering the retail market, but ERCOT and TDSP recently turned down the. Read the Rest…
Record Temps Drive More Than Mercury UP
Record temps drive more than mercury up The heat wave continues burning its way across most of the South and Midwest with temperatures soaring 15 degrees above average temperatures. With no immediate relief in sight, air-conditioning loads will be expected to increase substantially as will the call for gas-fired power generation of electricity. No surprise. Read the Rest…
