Power Costs Projected to Increase by $52 Billion: Grid Roundup #67

The federal budget bill will bring in a period of energy scarcity but the next six months will be interesting; Oncor files for a huge rate increase; ERCOT reports 25% growth in DERs in 2024

In this issue:

• Budget reconciliation bill passes, higher bills and stunted economic growth will follow a potentially rapid solar buildout;

• Oncor’s rate case was filed last week; if approved, it would raise customer bills by 13%;

• Distributed energy resources (DERs) in ERCOT now add up to more than six gigawatts, 25% higher than the prior year; and

• ERCOT Generation Interconnection Status Report for June shows two gigawatts of solar and storage approved for commercial operation and another two gigawatts synchronized; gas in the interconnection queue has doubled in the last year.

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