Yesterday, Shell Energy North America announced that they have officially signed an agreement to purchase MP2 Energy LLC. The signed agreement is only the first step in the acquisition process, as the agreement still needs to be approved by regulators. This approval process is expected to wrap up before the last few months of 2017. According to a recent press release published by Cision PR Newswire, Glenn Wright, Vice President of Shell Energy North America provided the following statement: “We are proud to bring MP2 into the Shell Energy North America family,” he said. “MP2 has established itself as a significant...
Texas deregulated most of the state's electricity markets in 2002, a move aimed at lowering electricity costs by letting consumers choose their own electric power providers and their own plans. Some parts of Texas continued to be regulated, including those that get power from municipal utilities, electric cooperatives and investor-owned utilities that operate outside the state's primary power grid.
Some locations closer to Fort Worth's downtown such as Northeast have a larger renter population. Renters might shop a little differently than other homeowners, depending on their situation. If you're in a shorter rental agreement, you can shop for shorter Fort Worth electricity supply plans. Keep in mind that new Fort Worth electric rates on supply can pop up at any time.
Some locations closer to Fort Worth's downtown such as Northeast have a larger renter population. Renters might shop a little differently than other homeowners, depending on their situation. If you're in a shorter rental agreement, you can shop for shorter Fort Worth electricity supply plans. Keep in mind that new Fort Worth electric rates on supply can pop up at any time.
When you receive your electricity bill at the end of the month, you will see many different charges included. One charge that tends to trip people up more often than not is something called capacity charges. You might not know this but capacity charges can appear as the “second highest cost-per-kwh on your bill“– after generation. In order to help clarify this term and what exactly it means for your pocket book, we’ve pulled together everything you need to know about this particular charge. What are Capacity Charges? Capacity Charges are based on the highest amount of energy you...
It may come as a surprise that what you pay for power is a culmination of many factors. A lot goes into flipping on that switch: electricity must be generated and delivered through equipment that operates on fuel and requires building and maintenance costs. When the prices of these things increase or decrease, so does your electricity bill.  As a matter of fact, prices change every minute, but customers are charged based on seasonal demand. There are so many factors, some large, some small, that go into determining the price of electricity in the United States: Cost of Fuels: Electricity has to be generated and delivered, and these processes take energy supplied by fuels. As you probably know, fuel prices vary, which in turn affects the cost of electricity. Power Plant Costs: Like anything else, power plants need to be built and maintained. That, plus the operating costs, have an impact on electricity prices. Transmission and Distribution System Costs: Like the point above, distribution and delivery systems also need to be built, maintained, and repaired when necessary. Weather: Inclement weather can work for or against you when it comes to electricity costs. Rain and snow can assist in cheaper hydropower generation, while wind keeps turbines spinning. However, extreme weather that increases the demand for electricity can ultimately make it more expensive. Regulations: Regulations vary per state, with some service/utility...
Some locations closer to Fort Worth's downtown such as Northeast have a larger renter population. Renters might shop a little differently than other homeowners, depending on their situation. If you're in a shorter rental agreement, you can shop for shorter Fort Worth electricity supply plans. Keep in mind that new Fort Worth electric rates on supply can pop up at any time.
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