May 28, 2013 admin

Interesting Texas Power Facts for 2013

  • This year Texas has to deal with a Texas summer like we have to do every year but it won’t be the scorcher we typically have as we did in 2011.
  • Even though things will not be as hot we still have to contend with drought issues that likely will get even more severe than they have in the last few years.
  • Nuclear power provides 6% of electricity capacity for Texas, but will provide more than 12% of electricity actually used in 2013.
  • An agency called ERCOT (Electric Reliability Council of Texas) manages the  flow of electric power to 23 million Texas customers – representing 85 percent of the state’s electric load.
  • Natural gas and then coal are Texas’ primary electricity generation sources.
    • Texas has the largest wind capacity in the United States but still only produces 5 % of its electricity from wind power.
    • Texas holds a quarter of the United States oil reserves.
    • Texas holds 30 % of all US natural gas reserves.
    • Texas refines over a quarter of all petroleum fuels.
    • Today, there is no cost-effective way to capture the carbon dioxide
      output of the combustion of natural gas and coal, so any regulations that limit carbon dioxide emissions
      will either limit the use of natural gas, petroleum, and coal, or dramatically increase their
      prices which poses a threat to Texas’ refining businesses and natural gas resources.
    • Texas is not a member of a regional agreement to cap greenhouse gas emissions.
    • Texas does mandate that utilities generate from renewable sources a certain amount of
      the electricity that they sell.
    • Texas has the 16th highest Electricity Price, per kWh 10.18¢ on average compared to the rest of America. Although we have abundant supplies of natural gas we have to import coal and we have little in the form of hydro.
    • In 2011, Texas’s 27 petroleum refineries had a capacity of over 4.7 million barrels of crude oil per day and accounted for 27 percent of total U.S. refining capacity.
    • Texas accounted for 28 percent of U.S. marketed natural gas production in 2011, making it the leading natural gas producer among the States.
    • Texas led the Nation in wind-powered generation capacity in 2010 and is the first State to reach 10,000 megawatts of wind capacity.
    • Texas has a wide array of energy consumption but virtually no cheap hydro power.

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admin Donny started ElectricityBid.com back in 2007 from his parents basement and has since married his wife Melody and had three sons, John Adam (7) and Noah (4) and our new 20 month old son. He enjoys tech related things, softball, kickboxing, going to the gym, excursions and activities together with his wife Melody. Our service allows you to shop and compare commercial and residential electric rates and providers. Would you take the time today to try our service and see how you like it. Thank you! and God Bless You!

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