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Texas

No End in Sight for High Electricity Bills

Texas rates have skyrocketed since deregulation

Money budgeting_saving

John T. Johnson III of Arlington has reduced his use of electricity since rates soared after deregulation. Texas ranks 17th among the states for the average price of residential electricity. — Allison V. Smith

 

Summary:

  • Texas' electric rates have gone from 30th to 17th highest since deregulation in 1999.
  • Texas utilities say smart shoppers can find rates lower than they were before deregulation.
  • Efforts to reform the electricity market have been stymied in the legislature.

The electric utility that powers John T. Johnson III's home in Arlington had not heard "a squeak" from him in decades. … Back to Article

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