The Public Utility Commission of Texas has approved a base rate increase for Southwestern Electric Power Company (American Electric Power). Southwestern Electric Power Company serves 187,500 customers in Northeast Texas and the Texas Panhandle.
The pandemic has been a major driver in fluctuations in the energy market this past year. So what can Texans expect in 2022? Matt Smith, lead oil analyst at Kpler, joined Texas Standard to talk about key developments, including with… Read More »What’s Coming to Texas in 2022 Electricity Market
The U.S. Consumer Price Index was up 7.5% in January… This is a 40-year record! You need look no further than the gas pump or your utility bill to witness a punishing run-up in energy prices. Motor fuel costs —… Read More »Why Gasoline, Heating Gas & Electricity Are Going Up
Brazos Electric Power Cooperative and the Electric Reliability Council of Texas agreed Thursday to mediate their dispute over a $1.9 billion utility bill stemming from last February’s winter storm after U.S. Bankruptcy Judge David Jones urged both sides to do… Read More »ERCOT & Brazos Electric to Resolve $1.9B Dispute for Texas
Electric and gas customer accounts 90 days or more past due are now in excess of $500 million, according to the National Consumer Law Center! Retail electricity prices in 2021 rose at their fastest rate since 2008, the U.S. Energy… Read More »Electricity Prices & Debt Are Rising