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However, the energy storage sector will continue its strong showing from 2016, with commissioned capacity set to exceed 1GW for the first time, Liebreich and McCrone say. “We predict a doubling of new capacity from this year’s 700MW to 1.5GW, almost all of it lithium-ion batteries. We are going to see a further reduction in battery prices of at least 15% this year, after a 70% reduction in the past five years.”
In Texas' deregulated energy market, customers must pick their own electricity provider, all of which offer different rates per hour of power usage. You can shop for other power plans on the state-run website, www.powertochoose.org, or try an alternative website, like www.texaspowerguide.com to help find the cheapest plan. Keep in mind that many retail electricity contracts carry penalties for early termination.
Twenty-nine states have deregulated electricity, natural gas or both. That allows you to shop for the supply portion of your bill from alternative providers who may offer rates lower than the default supplier – usually a utility. Delivery services and billing will remain the responsibility of the local utility as they own the power lines and wires that keep the lights on.