Study: Oklahoma sixth most energy-expensive state in America
- Thread starter Polds4OSU
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Whatever happened it’s wrong that a few people make millions or a billion while we suffer for thirty years of increased rates. I think the corporation and stock holders should suffer along with us. And as for the greedy gambler that guessed right I hope he choked on dollar bills. If our legislators ever worked for us instead of the rich they could maybe fix this, but at the very least make it where it never happens again. Even though we’re paying higher prices are our corporations?
What in the heck are you babbling about?
I think Pokey is questioning why our power bills are so high when we have all this “green” energy, natural gas and oil. Of course the world runs on profit, but why have our electric bills gone through the roof when wind and solar pay get such huge tax credits?
My admittedly limited information basically said speculators put a futures bet down on natural gas prices that paid off handsomely because energy producers didn’t have enough reserves, didn’t maintain their equipment to operate in really cold conditions, and couldn’t let people die for lack of power, so they agreed to pay the outrageous price then put the entire costs on customers for the next thirty years. And I’d bet they’re buying back stock, and paying dividends. Sure doesn’t meet the needs of business that might have moved here if not for high price energy. Texas who was in this mess too, have some of the lowest prices. We’ve lost business to Texas.
Texas actually just said tough you gotta pay it, now.
So their rates will be some of the highest too for thirty years?
Timely story for this topic
Texas power demand to hit record highs again as heat bakes state
July 11 (Reuters) - Texas' power grid operator projected electricity use would break records again this week as homes and business crank up their air conditioners to cope with another brutal summer heatwave.The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million customers representing about 90% of the state's power load, has said it has enough resources available to meet soaring demand.
Texas residents have worried about extreme weather since a deadly storm in February 2021 left millions without power, water and heat for days as ERCOT scrambled to prevent a grid collapse after the closure of an unusually large amount of generation.
After setting 11 peak demand records last summer, ERCOT forecast usage would break the current all-time high of 80,828 megawatts (MW) on June 27 four times over the next two weeks - hitting 82,362 MW on Tuesday, 82,732 MW on Thursday, 83,843 MW on July 17 and 84,135 MW on July 18.
One megawatt can power around 1,000 U.S. homes on a typical day, but only about 200 homes on a hot summer day in Texas.
Meteorologists at AccuWeather forecast high temperatures in Houston, the biggest city in Texas, would hit 100 degrees Fahrenheit (37.8 Celsius) on Tuesday and July 15-17. That compares with a normal high of 94 F for this time of year.
While day-ahead power prices for Tuesday remained below $100 per megawatt hour (MWh), real-time prices topped $3,400 for a couple of 15-minute intervals late Monday, according to the ERCOT website.
Next-day or spot prices at the ERCOT North Hub , which includes Dallas, slid to $34 per MWh for Tuesday from around $41 for Monday. That compares with an average of $33 so far this year, $78 in 2022 and a five-year (2018-2022) average of $66. (Reporting by Scott DiSavino; editing by Barbara Lewis)
Texas power demand to hit record highs again as heat bakes state
Texas' power grid operator projected electricity use would break records again this week as homes and business crank up their air conditioners to cope with another brutal summer heatwave. The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million...
You left out the rolling blackouts & the folks that actually died in TX. As we’ve seen during each summer & winter since the storm, TX energy situation is still not handled.
Oklahoma isn’t all sunshine & rainbows, but it’s also not remotely close to the money grab you’re trying to play it off as. If you want to make a point, I’d advise leaving Texas out of your argument.
So who’s getting rich or richer off of every person in Oklahoma and Texas? Are we subsidizing corporations? Have the utilities been banned from stock buy backs? Are they paying dividends?Timely story for this topic
Texas power demand to hit record highs again as heat bakes state
July 11 (Reuters) - Texas' power grid operator projected electricity use would break records again this week as homes and business crank up their air conditioners to cope with another brutal summer heatwave.
The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million customers representing about 90% of the state's power load, has said it has enough resources available to meet soaring demand.
Texas residents have worried about extreme weather since a deadly storm in February 2021 left millions without power, water and heat for days as ERCOT scrambled to prevent a grid collapse after the closure of an unusually large amount of generation.
After setting 11 peak demand records last summer, ERCOT forecast usage would break the current all-time high of 80,828 megawatts (MW) on June 27 four times over the next two weeks - hitting 82,362 MW on Tuesday, 82,732 MW on Thursday, 83,843 MW on July 17 and 84,135 MW on July 18.
One megawatt can power around 1,000 U.S. homes on a typical day, but only about 200 homes on a hot summer day in Texas.
Meteorologists at AccuWeather forecast high temperatures in Houston, the biggest city in Texas, would hit 100 degrees Fahrenheit (37.8 Celsius) on Tuesday and July 15-17. That compares with a normal high of 94 F for this time of year.
While day-ahead power prices for Tuesday remained below $100 per megawatt hour (MWh), real-time prices topped $3,400 for a couple of 15-minute intervals late Monday, according to the ERCOT website.
Next-day or spot prices at the ERCOT North Hub , which includes Dallas, slid to $34 per MWh for Tuesday from around $41 for Monday. That compares with an average of $33 so far this year, $78 in 2022 and a five-year (2018-2022) average of $66. (Reporting by Scott DiSavino; editing by Barbara Lewis)
Texas power demand to hit record highs again as heat bakes state
Texas' power grid operator projected electricity use would break records again this week as homes and business crank up their air conditioners to cope with another brutal summer heatwave. The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million...www.yahoo.com
That’s a bad look. I can say with 100% certainty that up to now, this summer has been one of the friendliest to generating stations (weather wise) in my 15+ years. If they have trouble this year, they’re moving the wrong direction as far as reliability goes.Timely story for this topic
Texas power demand to hit record highs again as heat bakes state
July 11 (Reuters) - Texas' power grid operator projected electricity use would break records again this week as homes and business crank up their air conditioners to cope with another brutal summer heatwave.
The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million customers representing about 90% of the state's power load, has said it has enough resources available to meet soaring demand.
Texas residents have worried about extreme weather since a deadly storm in February 2021 left millions without power, water and heat for days as ERCOT scrambled to prevent a grid collapse after the closure of an unusually large amount of generation.
After setting 11 peak demand records last summer, ERCOT forecast usage would break the current all-time high of 80,828 megawatts (MW) on June 27 four times over the next two weeks - hitting 82,362 MW on Tuesday, 82,732 MW on Thursday, 83,843 MW on July 17 and 84,135 MW on July 18.
One megawatt can power around 1,000 U.S. homes on a typical day, but only about 200 homes on a hot summer day in Texas.
Meteorologists at AccuWeather forecast high temperatures in Houston, the biggest city in Texas, would hit 100 degrees Fahrenheit (37.8 Celsius) on Tuesday and July 15-17. That compares with a normal high of 94 F for this time of year.
While day-ahead power prices for Tuesday remained below $100 per megawatt hour (MWh), real-time prices topped $3,400 for a couple of 15-minute intervals late Monday, according to the ERCOT website.
Next-day or spot prices at the ERCOT North Hub , which includes Dallas, slid to $34 per MWh for Tuesday from around $41 for Monday. That compares with an average of $33 so far this year, $78 in 2022 and a five-year (2018-2022) average of $66. (Reporting by Scott DiSavino; editing by Barbara Lewis)
Texas power demand to hit record highs again as heat bakes state
Texas' power grid operator projected electricity use would break records again this week as homes and business crank up their air conditioners to cope with another brutal summer heatwave. The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million...
Pokey when you put up unreliable wind turbines instead of building out reliable natural gas plants that require maintenance this is going to heppen
Of course we are subsidizing corporations. Green energy doesn’t work without tax breaks. Grow up.
You left out the rolling blackouts & the folks that actually died in TX. As we’ve seen during each summer & winter since the storm, TX energy situation is still not handled.
Oklahoma isn’t all sunshine & rainbows, but it’s also not remotely close to the money grab you’re trying to play it off as. If you want to make a point, I’d advise leaving Texas out of your argument.
Seems to me this situation is mainly about greed over green! We need to convert our coal plants to much cleaner natural gas. By the way this rate hike is in reaction to gas prices IMO
I really question the validity of the initial article too. Seems really flawed to include the price of heating oil in Oklahoma’s average. Raise your hand if you rely on fuel oil to heat your Oklahoma residence.
Each state’s energy portfolio is very different. Oklahoma’s energy cost is routinely one of the lowest in the country*, and I’d bet it stays that way
*obviously, this can vary depending on utility companies in different areas (I know people who pay way higher bills in my general area, but it is a citywide utility….)
Each state’s energy portfolio is very different. Oklahoma’s energy cost is routinely one of the lowest in the country*, and I’d bet it stays that way
*obviously, this can vary depending on utility companies in different areas (I know people who pay way higher bills in my general area, but it is a citywide utility….)
You grow up please. This is a greed price hike mainly, not green.
You mean the municipal power system that uses OG&E electricity and has crap local electric systems?
Approx 24,000 homes in Oklahoma use heating oil ..it is the 4th most used fuel in the state for heat generation
Dude, the natural gas system is just as good as you want it to be. The wind turbines need just as much winterzation as natural gas. We are dealing with market manipulation in all forms of energy
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