WhiteFence Advises Texas Consumers in Wake of Wholesale
Electricity Price Cap Increase  WhiteFence Advises Texas
Consumers in Wake of Wholesale Electricity Price Cap Increase
Houston : TX : USA | Sep 05, 2012 at 10:07 AM PDT Source: PRWeb
Views: Pending  The Texas electricity grid does not have enough
power to meet demand this summer. To combat the shortage, early
last month the Texas PUC approved a 50% increase in peak
wholesale electricity prices for retail electric providers.
September 05, 2012  While many consider Texas the energy capital
of the world, this summer, like last summer, the state’s
electricity grid does not have enough power to meet demand. The
state is currently experiencing an energy shortage that could
potentially see millions affected by rolling blackouts and
increased rates. In fact, the Texas Public Utility Commission
(PUC) has already approved a 50% increase in peak wholesale
electricity prices*, with bigger increases potentially on the
way.  Why is There an Electricity Shortage?  All