WASHINGTON, D.C. - As Texas braces for predicted tighter electricity reserves and higher electricity rates in the state this summer, a new report shows that adding solar capacity to the Texas electricity grid would result in lower wholesale electricity prices for Texas customers.
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Adding solar capacity to the Texas electricity grid would result in lower wholesale electricity prices for Texas customers, according to a new report authored by The Brattle Group and funded by the Energy Foundation and the Solar Energy Industries Association (SEIA).
More Solar Power in TX Could Save Consumers Over $520 Million, New Study Finds
June 19, 2012 By Zachary Shahan 12 Comments
A new report released today analyzed how much electricity prices for Texas consumers would have been reduced in the summer of 2011 by adding solar capacity to the Texas electricity market. In total, it found potential savings of over $520 million for state electricity consumers.
SEIA's Statement: New Brattle Group Report Shows Solar Energy as a Solution in Texas to Help Address Summer Electricity Challenges
As Texas braces for predicted tighter electricity reserves and higher electricity rates in the state this summer, a new report shows that adding solar capacity to the Texas electricity grid would result in lower wholesale electricity prices for Texas customers.
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