Electricity rates in Texas skyrocket amid statewide heat wave

Electricity rates in Texas skyrocket amid statewide heat wave

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The rate Texas residents pay for energy has skyrocketed in recent days, as hotter-than-usual temperatures cause demand for electricity to soaring across the state. Texans were paying about $275 per megawatt-hour for power on Saturday then the cost rose more than 800% to a whopping $2,500 per…

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