Rising electricity costs are reshaping the financial realities of households across Texas. TEPRI’s newest research paper, ERCOT Electricity Affordability Outlook: Forecasting Residential Electricity Prices and Burdens (2025-2030), highlights how the rise in residential electricity prices in the ERCOT Competitive Retail Markert will impact the well-being of the 4.1million low-and moderate-income (LMI) households who struggle to pay their electricity bills. The Paper details how electricity rates have increased by approximately 30% since 2021, and projects another rise of 29% for 2025-2030, primarily driven by planned, large-scale investments in transmission and distribution.
In this paper, we:
- Provide greater visibility into long-term electricity affordability trends
- Explain the drivers of price increases
- Highlight emerging solutions that can support greater energy security for Texans
To explore the full findings, click below to read the report:
