Tag: electricity bills

Texas Power Usage Hits All-Time High Amid Soaring Temperatures

Power use in the state of Texas hit an all-time high on Sunday as Texans continue to face high electricity prices amid soaring temperatures. Power demand exceeded 75 gigawatts at around 5:15 p.m. on June 12, surpassing the previous record of 74.8 gigawatts set in August 2019. The power grid is operating normally and there is…


Alberta to Halt Fuel Tax Collection, Offer $150 Electricity Rebate

The Alberta government will suspend fuel tax collection in April and grant a rebate of $150 on Albertans’ electricity bills as energy costs continue to climb.  In a press conference on March 7, Premier Jason Kenney attributed rising energy costs to uncertainty caused by Russia’s invasion of Ukraine, and skyrocketing inflation spurred by Prime Minister…


Why Some Texans Are Getting Sky-High Energy Bills

After unusual icy weather left millions of Texans without power, some are facing another crisis: Sky-high electricity bills. The surge in pricing is hitting people who have chosen to pay wholesale prices for their power, which is typically cheaper than paying fixed rates during good weather, but can spike when there’s high demand for electricity….


Some Texas Households Face Huge Electricity Bills After Brutal Cold Snap

Texas households who get their electricity on variable or indexed pricing plans are likely going to see their electrical bills spike in the wake of the recent cold snap, with reports emerging that some Texans are already seeing their electrical bills skyrocket. In Texas’ highly competitive electricity market, some retail providers offer customers prices pegged…