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  2. Deregulation of the Texas electricity market - Wikipedia

    en.wikipedia.org/wiki/Deregulation_of_the_Texas...

    Power generators in the Texas Interconnection, managed by the Electric Reliability Council of Texas, participate in an energy-only electricity market and are compensated only for the electricity they produce. The wholesale generation market was deregulated in 1995 and the distribution market in 1999, with Texas Senate Bill 7. This replaced the ...

  3. Griddy (company) - Wikipedia

    en.wikipedia.org/wiki/Griddy_(company)

    Griddy was an American power retailer that formerly sold energy to people in the state of Texas at wholesale prices for a $9.99 monthly membership fee [1] and had approximately 29,000 members. [2] The company itself was based in California. [3]

  4. 2021 Texas power crisis - Wikipedia

    en.wikipedia.org/wiki/2021_Texas_power_crisis

    At the peak, over 5 million people in Texas were without power, [68] with 11 million experiencing an outage at some point, [22] some for more than 3 days. [69] During the period of outages, the wholesale electric price was set to $9,000/megawatt-hour which was the "system cap" set by ERCOT, [70] compared to a more typical $25/MWh. [22]

  5. EIA sees higher U.S. wholesale power prices in 2025

    www.aol.com/news/eia-sees-higher-u-wholesale...

    The U.S. Energy Information Administration has forecast higher wholesale power prices for 2025 across the country's regional markets, except Texas and the Northwest. Wholesale power prices could ...

  6. Power purchase agreement - Wikipedia

    en.wikipedia.org/wiki/Power_purchase_agreement

    A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually a utility, government or company. [ 1 ] [ 2 ] PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price.

  7. Purchasing cooperative - Wikipedia

    en.wikipedia.org/wiki/Purchasing_cooperative

    Businesses that obtain contracts through a cooperative can take advantage of these pre-negotiated rates, resulting in cost savings on goods, services, or equipment. This is particularly advantageous for smaller businesses that may not have the same negotiating leverage or purchasing volume as larger organizations.

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  9. NRG Energy - Wikipedia

    en.wikipedia.org/wiki/NRG_Energy

    NRG Energy, Inc. is an American energy company, headquartered in Houston, Texas. [2] [3] It was formerly the wholesale arm of Northern States Power Company (NSP), which became Xcel Energy, but became independent in 2000. NRG Energy is involved in energy generation and retail electricity. [4]