As temperatures climbed into the triple digits this summer, big commercial and industrial companies shut down production lines, sent employees home and fired up backup generators. These moves, however, weren’t made to avoid the temporary spikes that sent wholesale electricity prices soaring to the maximum $9,000 per megawatt hour, but rather to cut their transmission costs throughout the year — and ultimately shift them to consumers and small businesses.
Businesses get big break on electricity transmission fees while consumers pay more
TCPA is a non-profit trade association representing power generators, wholesale power marketers, and retail providers with investments in Texas and the ERCOT wholesale and retail electric markets. TCPA members provide approximately 60% of the total net operable electric generating capacity in ERCOT, representing billions of dollars of investment in the state and employing thousands of Texans.
