When comparing Texas electricity prices you have several energy companies out there competing for your business. If these companies have to use words like green energy, environmentally friendly or quite a few other buzz words to get your business they will.
Now comparing these green energy plans is a little challenging as you have to deal with companies selling quite a few different variations of this green energy stuff.
For instance, many of these electric companies are buying biomass renewable energy credits in other states and than applying that to their dirty energy.
These electric provider in Texas than sell you clean energy but in reality you are cleaning up another state and not the state of Texas.
It’s great that at least you are doing your part for the US as a whole but wouldn’t it be nice if it helped out Texas?
The government is about to cramp down on these green energy buzz words that providers use to sell their electricity service.
Soon many packages for things as simple as baby diapers may have to remove the environmentally friendly labels from their packaging.
Texas electricity providers may not be able to call their electricity renewable energy unless it meets a high enough percentage and overall things will hopefully be a little more transparent as to what it is your buying.
In the big picture it will be easier to compare green energy providers in an apples to apples comparison and choose the lowest price.
However, this may have more to do with setting up the whole cap and trade system rules in which electricity companies and manufacturers aren’t simply no longer advertising that their products are no longer environmentally friendly. Instead, government deadlines are set for manufacturers, energy generation facilities, electricity providers, and so on to make their power plants and products meet these new green friendly and carbon neutral requirements.
A large part of the requirement will be a tax on these products and services if these power plants and so forth can’t operate as carbon neutral as required. These taxes will than go into a slush fund where the government may choose to do something completely different with this money as they did with Social Security taxes.