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
After the gnarly 2021 winter storm, the Texas Legislature ordered an overhaul of the state’s power market to prevent future blackouts, but many legislators don’t like the option on the table The Public Utility Commission of Texas unveiled a proposal… Read More »Texas’ Proposal to Overhaul Electric Power
We have to admit that we rather enjoy jumping on the dogpile of crypto fans A crypto hodler, crypto investor, and crypto analyst are in front of your house… how do you get them off your porch? Crypto prices are… Read More »Crypto Struggles as Prices of Electricity Rise & Imaginary Money Falls
It looks like electric rates will essentially stay the same this fall and winter. When summer winds down and temperatures cool off, it is usually time to shop for a lower electric rate. But this year prices are not falling… Read More »Winter Forecast: Higher Rates & New Fees
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
Demand for power this summer is expected to shatter previous records, ERCOT revealed in a report released Monday. But officials with the state’s grid operator say they anticipate having enough generation to meet the soaring need. Still, Texans have been asked recently to make a few sacrifices amid unseasonably hot weather.
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