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by baldeagle 4 days ago
I don’t think that is true.

https://www.electricchoice.com/historical-electricity-pricin...

1 comments

I am sorry to be the one to inform you about "inflation". The data you provided shows that rates increased from 2019-2024 at rates slightly below general CPI inflation.
Let's assume we're talking about core inflation (since headline inflation included changes in energy costs and that would hide the signal). Core inflation was us 23% from '19-24, but the energy costs in Texas were up 37%. Actually, headline inflation was up 25%, which is still below that set of price increases.

Please support your assertion that Texas energy costs decreased in that time period.

According to EIA State Energy Data System, "Average end-use energy price estimates by energy source, annual", electricity in Texas rose from $25.51 per million BTU (yes, I know) in 2019 to $28.95 in 2024, the most recent year available in the database. That's only 13.5%.
Ahh, I was focusing on residential energy (the cost borne by most of the people in Texas), which is up 25% per that source. The bulk and stability of industrial power is keeping prices down in aggregate.

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