Gas started trading at 200 times what it had sold for the day before. “When the blackouts started, he ordered the price of electricity pegged at its highest allowable rate.
TEXAS ELECTRIC PRICES FULL
"Texas is also well below the national average, by a full 2 cents/kWh (national average, 13.28 cents/kWh, all sectors)," the spokesperson said.ĭuring the debate, Democratic challenger Beto O'Rourke didn't hold back and said electricity prices are the fastest growing costs in the state. A spokesperson said that based on EIA data, Texas does maintain one of the lowest average electricity prices in the country.Īccording to the EIA data for July 2022, 38 states have higher average prices than Texas, at 11.21 cents/kWh. Abbott said during the debate was, in fact, accurate. The Public Utility Commission of Texas (PUCT) reached out to CBS Austin on Wednesday to clarify that what Gov.
As a state, we have systematically underinvested in energy efficiency relative to other states," he said. “Our bills are a function of two things, rates times how much we use. What Texans pay on their overall bill is above the national average, Lewin said. Lewin said Texas is below the national average for rates, but those are rising faster than the rest of the country. A lot of times people get confused because I think the governor was in this situation between rates and bills," Lewin said. “Our electricity costs are among the highest in the nation. “After Uri, after the reforms that we passed, Texas has one of the lowest electricity prices in the country far below the national average," Governor Abbott said.ĭoug Lewin who is the President of Stoic Energy said according to the U.S Energy Information Administration's 2019 average monthly cost of electricity bills, this statement is false. During the one and only televised debate, Governor Abbott made a statement that some energy experts don’t fully agree with. The governor claimed the state has one of the lowest electricity prices in the country, but experts say that's not true.Ī majority of Texans are feeling the pain from their energy bills. Electricity prices are on the rise, and energy experts are clearing up a statement Governor Greg Abbott made at the Texas governor debate on Friday.
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