Report: Competitive Retail Electric Rates In ERCOT Have Fallen 31% Since Start Of Electric Choice, On Inflation-Adjusted Basis
October 12, 2020 Email This Story Copyright 2010-20 EnergyChoiceMatters.com
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Staff of the Public Utility Commission of Texas filed a draft scope of electric competition report for the 87th Legislature
In the draft report, Staff notes that, regarding retail electric rates, "Since 2002, rates in the ERCOT competitive market have decreased by 31% when adjusted for inflation."
Staff included in the draft report the following chart:
Comparison of Currently Available Retail Rates in ERCOT to the National Average and Inflation-Adjusted Last Regulated Rate
The initial draft report does not contain any legislative recommendations, which are typically guided by Commissioner discussion on the report.