ByNew improvements have been made to the Texas grid, however residents could be looking at an increased cost as summer months arrive.Energy experts believe improvements should help Texas' power grid this upcoming summer, but if you need a new power plan, be prepared to pay more., employees look to help customers save on their power bills. Recently, Energy Ogre COO David Kinchen said a trend has started to show what people are facing.
Currently, Kinchen said he has seen some plans go as high as 16 cents per kilowatt-hour. That same usage would cost $160 or $50 more per month.Kinchen says prices are high as the state prepares for high summer demand. In ERCOT'slast month, it said this summer could be one of the state's top ten hottest on record.
It has a weatherization plan and ensures parts are working, a process that isn't cheap, which is why Kinchen said power prices are rising."If you're in a long-term contract, you should still consider looking because some of the people who entered into contracts two and three years ago prices were high," he said.Kinchen said improvements to the grid, especially with renewable energy, should help the state meet demand this summer.
"We'll see those conservation alerts, but I don't see any widespread problem with that. Last year was much hotter; we had less solar and less storage, and on our one emergency day, I think we had one last year, and it was all the way in September," Kinchen said."The grid is operating under normal conditions. ERCOT continues to monitor forecasts and will provide any updates through our communication channels.
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