Study Predicts Better Prices and Environment with Renewables

An academic study concludes that residents of Texas will pay lower prices for electricity under deregulation, and air quality will improve as a result of a requirement to generate 2,000 MW of power from renewable energy.

HOUSTON, Texas, US, 2001-06-29 [SolarAccess.com] An academic study concludes that residents of Texas will pay lower prices for electricity under deregulation, and air quality will improve as a result of a requirement to generate 2,000 MW of power from renewable energy. Competition will be beneficial and restructuring in Texas is drastically different than the process followed by California, according to the Energy Institute at the University of Houston. Texas will start deregulation next January, and the report says there will be a 6 percent discount to electricity customers who do not switch to new providers. Savings across the state could total $1 billion in a year. The study concludes that competition will result in lower electric bills than in a regulated market. A second focus of the study evaluates the environmental effects of electric restructuring, to reflect provisions in restructuring legislation that will require renewable energy to generate 2,000 MW of the state’s electricity. It also says the use of smaller on-site generation units will conserve resources by limiting the need to build new transmission lines.
Previous articleOntario to Study Benefits of Renewables
Next articleCalifornia Utility Orders Solar Panels for Municipal Facilities

No posts to display