KEY POINTS • Transmission costs in ERCOT rose from $1.5 billion in 2010 to over $5 billion in 2024 and could increase to over $12 billion per year by 2033. • After adjusting for inflation and overall rising electricity demand, the average ratepayer in the ERCOT region paid 57% more in transmission charges in 2024...
Part 3: How Texas Can Solve Its Winter Reliability Problem Five years after Winter Storm Uri, the ERCOT grid is still not ready for the next major winter storm. The first two installments of this series showed that demand has grown more than 20% since 2021 while firm generation capacity has barely budged, and the...
Applying a destination-based cash flow tax—better known as a “border-adjustment tax,” or BAT—to the import of reinsurance would have significant effects on the cost and availability of a range of insurance products. This report projects that, for Texas consumers, the impact would be $3.39 billion in higher property-casualty insurance premiums over the next decade.