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The residential rates in Texas are much higher than the average US rate. According to EIA , Texas is in the bottom 10 of retail power rates at 8.6 cents / kWh compared with a U.S. average of 10.54 cents / kWh. Of course these are all retail, not just residential, and are based on 2019 data so the crisis of some households receiving thousands of dollars of bills is not baked in.
The second link I provided is labeled as "Average Price of Electricity to Ultimate Customers by End-Use Sector" and then I pulled out the prices for the Residential Sector. How is that not the residential rate that is being paid by the customer? Texas is still below the national average by this metric.
With people still being largely remote but looking for distractions, there's really no better time to dive into the podcast medium for your energy content! With so many to choose from, what's your process look like Kevin? Do you flag interesting episodes when you see them released and listen to them later? Do you pick and choose your favorite podcasts and listen to every...
Hi Matt, I have all of them in a podcast 'list' and I do browse all the 'new episodes' via a filter to see if anything catchs my eye, but I do NOT listen to them all... no enough hours in the week to do all that... Now I do have my go to list of about 5 that I have been listening to for years... and about another 10 I check regurally for topics of interest ......
One of the challenges in addressing the new reality is the vertical structure commonly used in the corporate world. That structure focuses on a top-down management approach designed to produce profits for shareholders. This strategy has come under increased criticism by those who believe that a corporation’s contribution to society must be rethought and changed.
Hi Matt, thank you for your insight as to energy as a business shifting from a centralized to decentralized power at the same time the vertical systems are horizontalizing is right on target. As a result of your insight I will give some more thought as to the social ecology aspects of the changes taking place both in the companies and in the communities. Jim