Texas' non-renewal law raises the price of homeowners insurance, lessens consumer protection, and inhibits competition. Lawmakers should loosen restrictions to reduce the cost of insurance and redirect the market back towards competition.
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...