19 Jun '12, 1pm

Texas

Report Shows Solar Energy As a Solution in Texas to Help Address Summer Electricity Challenges June 19, 2012 Additional solar capacity lowers summer electricity costs by up to $520 million and creates a more reliable grid for Texans 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. Analysts at The Brattle Group energy consultancy reviewed Texas electricity market data from the summer of 2011 and analyzed how prices would have been impacted if solar photovoltaic (PV) systems had been added to the generation mix. Their report concludes that adding photovoltaic solar to the Texas electricity grid in the summer of 2011 could have saved customers an a...

Full article: http://www.seia.org/cs/news_detail?pressrelease.id=2173

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