Oncor is supposed to be Texas’ largest regulated utility, and they are milking residents for an extra $60 million in profits during the scorching heat wave this summer.
Electric Reliability Council of Texas
As the Texas heat pushes up power demand to record highs, ERCOT state is ordering plants to run constantly. This is called “reliability unit commitments” to ensure supply. Texas is using the rule more than ever before.
Power to Choose was intended to be the fact-based, unbiased website of the Public Utility Commission of Texas to compare electricity rates but electricity companies are sneaky. Here’s what to look for and how to get the lowest electric rate in Houston and throughout Texas in 2022.
Though Texas is a leading producer of electricity, it must be sold and moved to accommodate a growing state… so Texas needs to advance its transmission capabilities. Because transmission congestion, the lowest-priced electricity can’t reach customers during high-demand times or power outages.