Energy Sources in Texas
In 1999, Texas passed Senate Bill 7 which effectively broke apart most of the state’s public utilities. Except for a few cities like Austin and San Antonio, nearly all of Texas has energy deregulation. The state enforced a price floor on utilities until 2007 to allow competitive electricity providers into the market. Currently, about 40% of the residents in Texas that live in a deregulated area have switched to a retail electricity provider. Below you can find more information on the Texas energy market.
Check Out Our Latest Video on Texas Energy
Solar Score for Texas
Compare Electricity has developed a solar score for Texas residents and businesses of 59. The score is based on on a combination of factors including how much sun the area receives, roof space and obstacles that may obstruct the sun, electricity generation needed to be cost-effective, and more. Here is a description of each section of the solar score graph:
- Red = “Not Viable” meaning a solar installation would not be cost-effective.
- Yellow = “Viable” meaning a solar installation would pay for itself over time.
- Green = “Very Viable” meaning a solar installation would pay for itself quickly and has large savings potential.
Sources for Texas
Texas produces energy from a variety of sources. Here are the state’s current energy sources and energy production trends.
- Texas leads the nation in producing crude oil, natural gas, and overall energy production
- Texas has 29 oil refineries that can produce over 5 million barrels of crude oil per day
- TX leads the nation in natural gas production and hold 25% of all the natural gas reserves in the US
- A rapidly growing wind energy initiative in TX has resulted in in 18,500 mW of installed capacity
Looking for a specific city in Texas? Check out our featured cities below for more specific energy usage information.
Compare Electricity is dedicated to keeping you current and up to date with industry leading research. View all the latest news, articles and videos for your location below: