Texas Officials Warn Texans to Cut Back on Electricity Usage
Texas electricity officials are asking Texans to conserve electricity to avoid power disruptions as the state struggles to keep up with electricity demand during the summer months. On July 31st the state set a new usage record of 65,790 megawatts; eclipsing the old record set about the same time last year.
Power to choose electricity in Texas is now 10 years old. After spiking along with natural gas prices several years ago prices are now near multi year lows. But this has lead to a lack of supply in the grid because power producers aren’t making enough money to build new power plans.
Read more: ERCOT recommends electric conservation
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