We’re all going to be paying for it, so you might be glad to know that a new set of transmission lines to bring wind power from the Panhandle and West Texas to folks in North and Central Texas appear to be off to a good start. According to a new federal analysis this week, the Competitive Renewable Energy Zones power transmission project, also known as CREZ, is already resulting in fewer curtailments of wind power and more even prices in Texas’ energy market.
The project cost $7 billion, a price that will be paid for by tacking on a fee to Texans’ utility bills. On average, your power bill could go up several dollars a month.
