Climate Bill Impact on Texas Electricity Rates
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.
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.
Texas has enough wind and solar power to phase out coal entirely to reduce Electric Rates, but there’s a catch! The state’s energy grid is a mess, and it is standing in the way of a faster transition in Texas away from coal and toward renewables.