The demand for electricity throughout Texas surged to its highest point ever two days ago (Tuesday, June 27) when rising temps and massive heat dome covered the state. A heat wave continues to bake Texas for two weeks now reaching… Read More »Texas Electricity Demand Spikes (Summer 2023)
The state of the Texas electricity grid continues to be a point of anxiety for residents and business owners. It is a complex and evolving issue in Texas politics. In recent years, the grid has come under scrutiny due to… Read More »Texas Electricity Price & Energy Grid Update
Electricity Rate Data – November 2022 Current average retail rate of electricity: $.1393 per kWh Current range of electricity prices in Texas: $.104 to $.207 per kWh Average monthly electric bill: $157.69 Average energy usage: 1,094 kWh Please note that… Read More »Electricity Prices Dropped A Little
The U.S. Energy Information Administration says in the December Short-Term Energy Outlook that U.S. wholesale electricity prices will be higher and more volatile this winter – from 31% higher than last winter in Texas. Highlights from the December Short-Term Energy… Read More »Higher Natural Gas Prices = Higher Electricity Rates
Wizard Energy puts the electricity market in context with real-time information In Texas, Electricity rates don’t doesn’t exist in a vacuum outside of the whole energy market. To find the right electricity plan for your business (current and future needs),… Read More »Selecting The Right Energy Plan Starts with Information
In Texas, Solar & Wind Energy Kept the AC on This Summer How about this fall and winter? Texas lawmakers say changes should provide protection for our Power Grid this winter, but other critical changes will be harder to execute.… Read More »Almost Fall – Texas Power Grid Update
This summer got too hot too early, which has forced farmers to harvest a month early, slashing yields to 80 bushels per acre from their typical production of 130 to 150 bushels. But many farmers in Texas these days, don’t… Read More »Politicians Badmouth Renewable Energy, Then Funnel Money to Constituents
Texas was once a promised land for bitcoin miners, a business-friendly state with stable regulations and a seemingly endless energy supply. But the tide has turned. Texas has slowed issuance of new permits for crypto miners to connect to the… Read More »Bitcoin Drop & Eventual Demise to Lower Texas Electric Rates
Lobbyists for deceptive energy companies and inept bureaucrats have made this way more complicated than it needs to be. Wizard Energy is committed to helping our commercial clints navigate these charges in the bids, contracts, and billing of retail electricity… Read More »How to Analyze Your Electric Bill to See What You Really Pay
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.