The state of Texas’ world class electricity market has never been healthier. The average offer price for new service is about 10.5 cents per kWh, while the average of the 20 lowest offers is around 7.5 cents per kWh.
In addition, projections for reserves are as good as they’ve ever been. The current reserve margin of 16.5% is expected to reach 25.4% by 2018 and stay above 16.6% through 2025.