Texas Electric Rates Might Spike This Summer
ERCOT, the entity charged with running the Texas grid and ensuring it’s reliability, announced Monday that it was lowering its estimated reserve margin for the summer of 2018. While that’s not good news for Texas electric rates , it’s not the end of the world, either.
ERCOT’s preferred reserve margin is 13.75% extra generating capacity and back in May, it was forecasting a 2018 summer ...