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Electricity demand in Texas continues to rise as population swells. The problem is, power generation in our deregulated market isnt growing as quickly as demand. Cheap electricity prices are great for consumers, but tend to chase away investors who prefer not to sink money into new power plants that might not turn a prot. As regulators grapple with keeping the lights on, heres a look at how Texans consume electricity.
Paying less
For years, Texans endured higher electricity prices than the rest of the country as our deregulated electricity market exposed us to high natural gas prices. Natural gas markets set wholesale power prices in a state that relies heavily on gas to fuel generating plants. But after natural gas markets collapsed, the Texas consumer got some relief. Average residential electricity price, in cents per kilowatt hour: United States
13.0 12.5 12.0 11.5 11.0 10.5 10.0 9.5 9.0 J F M A M J J A S O N D J F M A M J J A S O N D J F M A 2010 2011 2012
Bigger in Texas
Texans use larger refrigerators than other Americans, but 80 percent of us have only one refrigerator, compared with 77 percent of Americans. UNITED STATES Medium
(15-18 cubic feet)
Large
(19-22
45.6% Small
(Less than 14 cubic feet)
cubic feet)
Texas: 11.27
Large
(19-22
38.8% Small
(Less than 14 cubic feet)
cubic feet)
SOURCE: EIA
4.7%
8.2%
Number of televisions
Texans have about the same number of televisions as other Americans, but ours are bigger. UNITED STATES No television 1 television 1.3% 21.3% 5 or more 8.5% 4 televisions 12.5% TEXAS No television 1.2% 5 or more 8.3% 4 televisions 11.9% 1 television 20.2% 2 televisions 34.5% 3 televisions 23.8% 2 televisions 33% 3 televisions 23.4%
UNITED STATES Less than 21 inches No television 11% 1.3% 37 inches or more 40.5% 21 to 36 inches 47.2% TEXAS Less than 21 inches 8.2% 21 to 36 inches 42.4%
TEXAS
5.9% 11.8% 11.7% 24.7% 14.1% 2.4% 29.4%
TEXAS
3.5% 7.1% 5.9% 18.8% 16.5% 18.8% 29.4%