The Worst Time of Year to Lock in an Electricity Rate in Texas
Most people lock in electricity contracts based on fear. Unfortunately, fear is expensive. Summer Is the Most Common — and Costliest — Mistake Texas summers bring headlines: That fear pushes prices up. When demand peaks, so do long-term contract rates. Locking during summer often means paying a premium that lasts for years. How Smart Buyers […]
Governor Abbott Sets Hurricane Preparedness Expectations With Texas Energy Providers
AUSTIN — Governor Greg Abbott yesterday met with Texas energy providers to discuss preparedness expectations for this year’s hurricane season. The Governor was joined in the meeting by CenterPoint Energy, Inc. President and CEO Jason Wells, CenterPoint Energy, Inc. Executive Vice President of Regulatory Services and Government Affairs Jason Ryan, American Electric Power Texas President and […]
How a Texas Predominant-Use Utility Study Can Eliminate Sales Tax on Your Plant’s Power Bill
Quick take: If more than half of the electricity or natural gas that flows through a single meter powers exempt manufacturing processes, the entire bill can be sales-tax free. A properly prepared predominant-use utility study is your ticket to the exemption—and to lowering your cost per kilowatt-hour without changing suppliers or rates. Why This Matters Now With ERCOT prices […]