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Texas is known for fiercely promoting its oil and gas industries, but it’s also the No. 2 renewable energy producer in the country after California. In fact, more than a quarter of all the wind ...
A class action lawsuit was filed against Texas electricity retailer Griddy for potential price gouging by a Chambers County resident after receiving a $9,000 bill for electricity during the week of the storm, compared to an average $200 bill. [143] CPS Energy in San Antonio filed a lawsuit against Energy Transfer Partners saying it committed ...
A 2021 Texas law designed to protect the energy and firearms industries is costing the state hundreds of millions of dollars in business-related activity while increasing costs for state and local ...
According to a July 2023 report by energy advocacy group Advanced Energy United, natural gas continues to be the leading source for Texas' electric generation. Wind, coal, nuclear and solar — in ...
Renewable Energy Payments are a competitive alternative to Renewable Energy Credits (REC's).. Although the intent with both methods is the same, to stimulate growth in the alternative and renewable energy space, REP's have proven to offer benefits to local jobs, businesses and economies while making the growth fundable and lendable by financial institutions.
Nationwide data from the U.S. Energy Information Administration [7] shows that Texas's electric prices did rise above the national average immediately after deregulation from 2003 to 2009, but from 2010 to 2015, prices dropped significantly below the national average price, with a total cost of $0.0863 per kWh in Texas in 2015 vs. $0.1042 ...
How did the Lone Star State, known for its fossil fuel production, become America’s leader in renewable energy? Supporters say the future of that is in doubt, as Texas Republicans push bills to ...
Federal support for renewable energy of all types more than doubled, from $7.4 billion in FY 2016 to $15.6 billion in FY 2022. [6] The International Renewable Energy Agency tracked some $634 billion in energy-sector subsidies in 2020, and found that around 70% were fossil fuel subsidies.