Government-mandated energy efficiency programs today generally work by increasing the cost of electricity in order to reduce electricity consumption. In all of these cases, consumers or taxpayers pay more for electricity. The result is reduced economic growth and decreased wealth for most Texans.
TPPF Releases New Research on ERCOT’s 765-kv Strategic Transmission Expansion Plan
AUSTIN– Today, TPPF’s Life:Powered campaign released new research outlining the cost and impact of ERCOT’s 765kv Strategic Transmission Expansion Plan or STEP. The paper finds that the STEP does not meaningfully reduce the need for new generation, nor does it reduce prices for consumers. In fact, the STEP would impose nearly $100 billion in lifetime...