Some in Austin are considering several proposals to replace a portion of the local school property tax with a statewide business activity tax (better known as a value-added tax), as part of the effort to eliminate “Robin Hood.” This report explores the pros and cons of a BAT on the state economy and its role as a source of education financing.
The Explosion of Transmission Costs in ERCOT: Causes, Forecasts, and Policy Solutions
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...