Mitglieder » www.cheapjerseysasroma.com

Ambit Energy - Cost savings Abdullahi Nura Jersey , more choice, new plants and new jobs all prove it Business Articles | April 12, 2007

A little more than four years have passed since competition was introduced into the retail market for electricity. Although the process of opening electric markets to competition has faced challenges in some states, Texas has avoided the most serious of these kinds of problems.


SB 7 was passed by the Texas Legislature in 1999. It authorized electric competition in the retail segment beginning on Jan. 1, 2002. Recently Wholesale AS Roma FC Jerseys , my colleagues and I at The Perryman Group analyzed the economic benefits resulting from this transition. We found a lot of positives for the Lone Star State.



SB 7 was passed by the Texas Legislature in 1999. It authorized electric competition in the retail segment beginning on Jan. 1, 2002. Recently, my colleagues and I at The Perryman Group analyzed the economic benefits resulting from this transition. We found a lot of positives for the Lone Star State.


For example, market forces are having the desired effects of providing consumers with greater control and more choices at prices lower than they would have been under regulation. From January 2002 until now, more than 2 million electricity customer switches have been completed.


Competition has also led to increased interest in alternative electric-generation processes. As a result Cheap AS Roma FC Jerseys , 1,900 megawatts of electric capacity have been added by wind-power generation plants over the past four years. Moreover, the amount of metric tons of emissions from electric utility facilities has dropped dramatically.


The impact on business activity of cost savings from retail competition has provided an annual stimulus to the state?s economy of some $9.73 billion in total expenditures, $4.64 billion in gross product and almost 47,800 permanent jobs. This stimulus Wholesale AS Roma Jerseys , especially in terms of employment, is highly important to the Texas economy.


In addition, more than $11 billion has been invested in new plant facilities with approximately $12.5 billion in potential capacity now in various phases of implementation. This investment in generation facilities helps ensure sufficient additions to capacity to meet future requirements of the state?s expanding population and