Texas electricity consumers should prepare to pay higher energy prices from this summer if a new policy under consideration is passed.

What the PUC proposes

Plagued by frequent blackouts and energy shortages in the past, especially during the months of summer, Public Utility Commission (PUC) of Texas has hinted at considering price rises to address the growing concern over Texas’s energy reserves. This state agency, which is in charge of overseeing the electricity market of Texas, si...