Texas Electricity Rates May Rise: Lock-in to Low Rates Now

Texas Electricity Rates May Rise: Lock-in to Low Rates Now

Meeting rapidly growing demand for electricity is one of the world’s biggest energy challenges.  Texas proved this point a little too close to home when peak electricity demand this summer already had surged past levels that weren’t expected until 2014, exposing a shortage of generating capacity likely to persist for several years. Demand was so high across Texas that some large energy users had power disruptions, and ERCOT narrowly avoided instituting rolling blackouts.

Next year doesn’t look too promising, either. Throw in the fact that many power companies aren’t building any additional plants, and that the EPA’s numerous regulations on older coal plants are forcing some to go off-line, and the state of the Texas grid is a bit shocking. Worse, Texas consumers might see historically low electricity rates start to climb back up.

If you live in a deregulated energy market in Texas, you can buy your electricity from one of several retail electric providers (REPs) that compete for your business. Having the power to choose which company you buy electricity from in Texas gives you the chance to shop around to find the best rate plan and price for your business.

Now would be a great time to start looking around for the lowest electricity rate for your business with a certified energy advisor from Live Energy. At Live Energy, we only represent the most reliable REPs with a proven track record. Try us today and see how you can make smarter energy decisions in less time—all while saving money off your monthly electricity bills. For more information, call us at (877) 810-7770 to get business electricity rates, ask questions and learn your options.


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