The most obvious risk is sharply increasing electricity rates. ERCOT functions under a scarcity pricing model, which basically means that as the supply of electricity becomes more scarce, the price goes up. ERCOT’s wholesale price cap is currently set to $9,000 per MWh, so in theory, your electricity provider may have to purchase real-time electricity at that rate if customer usage surpasses the purchased load. Rates in the Texas retail market began to rise in February 2018 reflecting uncertainty of wholesale prices. These wholesale prices have continued to rise, leading some Retail Electricity Providers (REPs) to either temporarily stop selling 6 month electricity plans, or completely halt new enrollments beginning in April 2018 for a few months and simply service their existing customers until the price risk goes down.
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December 28, 2008 Make sure your home and family are prepared if a storm hits. Natural gas safety Jul 1, 2016  The average (industrial) electricity rate in Herndon is 6.45% less than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.
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Order by phone: 1 (844) 852-8706 Guide Councilmember Teresa Mosqueda, who chaired the council committee that examined the plan, said Monday’s legislation includes language directing the utility to work with the nine-member volunteer review panel and with community members on potential alterations to City Light’s rate structure.
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