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...
The Carrington Event literally shocked telegraph operators. A repeat could shock an entire civilization into the pre-industrial age. Imagine being a telegraph operator in September 1859. You’re sitting at your station, using cutting-edge technology to tap out messages hundreds and thousands of miles away. Suddenly, brilliant auroras light up the night sky from the tropics...
Texas bond elections often pass with low voter turnout and simple majorities, driving up local debt as a result. Raising voter approval thresholds could protect taxpayers and ensure a stronger consensus for public spending. Key points: Even though tax relief has been funded at the state level, increased debt at the local level has led...