Tag Archives: green energy

The Recession is over, are you ready for prices to go up?!

Yes we can officially declare the worst recession in the US outside of the great depression is finally over. We can now go back to living our lives like there is a tomorrow and that the US will be leading the world to a better 21st century.

We know the recession is over because house prices dropped in Texas by almost 5% last year. Now I know if you’re in another part of the country 5% sounds like nothing when we are talking about the drop in housing prices in the recession, but in Texas that’s still 5% and we don’t like our homes to lose any value or anything else we own for that matter. With that being the case and our ability to weather most any economic storm due to our oil and gas state revenues, when Texas hits the bottom we’re the last chip to fall. Therefore, the recession is now over and we can all breathe a sigh of relief.

Unfortunately, for most of us, now with the recession over we will start to see an increase in almost everything we use especially electricity. Electricity on average is now at the lowest price point in relative dollars since 1960. That probably seems incredible to most of you but you just don’t realize how much more electricity we use now than in 1960. The biggest contributor to that usage is centralized air conditioning but there are many other culprits as well including all those computers, smart phones, flat screen TV’s, outside lighting, and so many other conveniences of today. The electricity grids we have built to date are almost all operating at close to capacity and with the advent of deregulation there is no “big daddy government funding” to provide for the necessary upgrades required for the next 30 years of growth.

Texas is projected to grow tremendously over the next 25 years and there is almost no way the electricity grid can keep up. Additionally, natural gas is at 10 year low prices and although we have discovered huge reserves of new gas it will not remain at these artificially low levels. Not to mention that with a reviving economy we will see demand for natural gas double over the next 10-15 years, since it is now the cheapest and cleanest burning fuel on the planet. Furthermore, with the implementation of EPA requirements for coal burning power plants, it’s very conceivable that our cheapest way to actually generate electricity may become even more expensive than wind power and solar energy.

The bottom line is that although we may now be in a recovery the price of our basic commodities will start to increase and as they do we will see the impact and one of those areas will be electricity. So if you think your electricity bill is high in the summer in Texas today, just wait a few years. It’s projected that electricity prices could easily double by 2020 and although that seems a ways out they will be steadily increasing from this point on. At the Texas Electricity Alliance we are working to make sure our customers are prepared for this and we are constantly working with them to improve their efficiency with their electricity usage and making sure they always have the best prices in the market.

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T. Boone Pickens: Genius or Geriatric

T. Boone Pickens | Green Electricity Is T. Boone Pickens a Genius or is he just another Geriatric billionaire speaking his mind? Maybe neither, maybe a little of both but its high-time that either way America should start listening. Boone may have a couple billion, but he still never leaves a room and doesn’t turn out the lights or turn off the TV. I’d even take a side bet that he turns up the AC when he’s not home. He earned his money working hard and gained a lot of life lessons along the way to being one of the most respected and recognized oil men in America, if not the world; or at least any part of it that has oil or natural gas or wind that could be used to generate electricity. He has been promoting natural gas and wind energy as part of the Pickens Plan for quite some time now and maybe just maybe people are now waking up and smelling the coffee that he’s been brewing. Boone say we should convert the majority of our long-haul truck transportation network to run on natural gas and not diesel, thereby lowering American energy imports of oil and increasing the use of American produced natural gas; not to mention the 1000’s and 1000’s of jobs that conversion would create. He has also worked diligently to get people to understand the value and future potential of wind power as another way to reduce our dependence on foreign oil and create jobs in America. Wow, let me see if I got this right: we can reduce our consumption of foreign oil, increase our use of domestic natural gas and wind and we can create 1000’s if not 100’s of thousands of jobs while increasing the financial and domestic security of the United States of America. I say that the next President of the United States, and the current one as well, should make Boone the Energy Czar for America and not only that, but put him in charge of the EPA. You think that second part sounds a little crazy, but let me tell you that his environmental record is astounding and he is one of the best business men and stewards of our earth that we could find in our country and we all need to start listening to him before it’s too late. He won’t be around forever and I just pray there is someone in the next generation that will grow up as well  and as vocal to start fighting to save this country. Give ’em hell Boone and start advertising more, people need to hear your message.