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Renewable energy's vanishing premium in Texas's retail electricity pricing plans

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  • Woo, C.K.
  • Zarnikau, J.

Abstract

Traditionally, there has been a premium in green pricing plans for electricity supply with high renewable energy content. Using a sample of 710 plans offered in December 2018 by Texas's competitive retailers to residents in Dallas, Houston, Corpus Christi and Abilene, we document that there is no longer a statistically significant renewable energy premium in Texas's retail electricity pricing. Attributable to the declining cost of renewable energy, this finding's policy implication is that continuing development of renewable energy is unlikely to adversely impact Texas's residents.

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  • Woo, C.K. & Zarnikau, J., 2019. "Renewable energy's vanishing premium in Texas's retail electricity pricing plans," Energy Policy, Elsevier, vol. 132(C), pages 764-770.
    • Handle: RePEc:eee:enepol:v:132:y:2019:i:c:p:764-770
    DOI: 10.1016/j.enpol.2019.06.034
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    5. Lee, Kyung-Sook & Kim, Ju-Hee & Yoo, Seung-Hoon, 2021. "Would people pay a price premium for electricity from domestic wind power facilities? The case of South Korea," Energy Policy, Elsevier, vol. 156(C).
    6. Huiru Zhao & Hao Lu & Xuejie Wang & Bingkang Li & Yuwei Wang & Pei Liu & Zhao Ma, 2020. "Research on Comprehensive Value of Electrical Energy Storage in CCHP Microgrid with Renewable Energy Based on Robust Optimization," Energies, MDPI, vol. 13(24), pages 1-22, December.

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