This report examines the details of the Texas electric market and its transition to competition. It finds that customers of all types have found attractively priced power in the new retail markets, and the Texas transition to competition has been the nation’s most successful.
Energy & Environment
Texas is About to Spend $100 Billion on Power Lines It Does Not Need
Our electric bills are about to go up. Most Texans have no idea why. Texas regulators approved $33 billion in new high-voltage power lines (the Strategic Transmission Expansion Plan, or STEP) without a single legislative vote. Factor in financing, maintenance, and taxes over the life of the projects, and the tab for ratepayers hits nearly...
June 2, 2026