With so many hindrances to budgetary prudence, it is easy to understand why Texas’ TEL has failed to live up to expectations. However, with just a handful of changes, legislators can vastly improve and entrench this important safeguard.
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...