Texas is booming. People are moving in, businesses are expanding, and technology is transforming the landscape. But there’s a growing side effect many Texans are now feeling firsthand: rising electricity costs.

So what’s really behind the surge in energy prices? Is it just inflation, or are deeper forces at work?

At Amerigy Energy, we believe in helping you understand the big picture because informed customers make smarter decisions. Let’s break down why Texas’s growth is one of the leading drivers of rising electricity costs, and what that means for your wallet.

Growth in Texas: The Good, the Bad, and the Expensive

Texas is leading the nation in population growth. More homes, more businesses, more manufacturing—on the surface, that’s great news for our state. But behind the scenes, it’s putting enormous pressure on our power grid.

Energy Demand Is Outpacing Supply

As cities like Austin, Houston, and Dallas swell—and even rural areas grow—so does the demand for electricity. Add in high-powered industries like:

• AI data centers
• Cryptocurrency mining
• Electric vehicle manufacturing
• 24/7 logistics and warehousing

… and it’s easy to see why our grid is working overtime.

Even with new solar and wind farms online, the rate of growth is outpacing energy supply. That imbalance is one of the main reasons power prices continue to rise across Texas.

But Growth Isn’t the Only Factor

Texas’s rapid expansion is a primary driver, but it’s not working alone. Several other trends are making electricity more expensive:

Global Supply Chain Struggles

Essential components like transformers, copper wire, and solar panels are harder to source and cost more due to pandemic aftershocks and trade bottlenecks.

Stock Market Volatility

When investors get nervous, energy providers hedge their risk—which increases contract pricing and wholesale rates.

Tariffs and Trade Policy

Texas imports nearly half of its large transformers from Mexico. New tariffs have driven up costs, and those expenses get passed on to consumers.

Unpredictable Weather

Events like Winter Storm Uri exposed how vulnerable Texas is to extreme weather. Now, energy pricing models reflect the risk—especially during peak demand seasons.

What It All Means for Texans

• Prices aren’t just going up temporarily—they’re trending upward long-term.
• Even if you see a short-term dip, it’s likely temporary.
• The risk of waiting to lock in your rate is greater than the reward.

What You Can Do About It

If your electricity contract is expiring in the next 6–12 months, now is the time to act. At Amerigy, we’re seeing forward electricity prices for summer 2025 already topping $130/MWh in some zones.

Lock in a fixed-rate contract now to avoid higher prices
Get a customized quote based on your actual usage
Work with our team to make informed decisions in a volatile market

Now is the Time- Call:

Contact Bryan Compton, your residential energy expert, at 877-631-8875 or 936-465-2821
Or visit amerigyenergy.com/shopnow to get started.

Contact Lee Miller, your commercial energy expert, at 877-631-8875 or 936-674-5912

The best way to protect yourself from rising costs? Take control—before the market does it for you.