Report: Energy costs to skyrocket in Texas over next 15 years

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Map of the state of Texas, showing portions of surrounding states
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(Texas News Service)
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Texans can expect to pay more for energy and gasoline over the next 10 years, according to a new report from the nonpartisan think tank Energy Innovation.

The group said policy changes made by the Trump administration will slow clean energy deployment and increase the cost of consumer costs.

Robbie Orvis, senior director for modeling and analysis for Energy Innovation, said they used their Energy Policy Simulator to project costs into 2035. Calculations showed Texas households will pay an additional $45 billion for energy.

"Those energy cost increases are due in large part to expensive fossil fuel power plants and out-of-control gas and diesel prices. Burning more fossil fuels also dramatically increases air pollution," Orvis pointed out.

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Dials on a electric meter with stacks of coins in front.
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He added the increased air pollution will make people sicker, increase healthcare costs and can lead to premature deaths. Some key policy changes affecting all Americans include the passage of the One Big Beautiful Bill Act, limiting renewable energy development and the cancellation of the Environmental Protection Agency's Solar for All grant program.

Researchers said policy and regulation changes affect multiple sectors of the state, including the economy and labor market, electricity capacity and generation, manufacturing and transportation. Orvis stressed despite federal regulations, there are things state lawmakers can do to reduce costs for Texans.

"States can do things like helping remove barriers to clean energy deployment by providing permitting certainty, better using the existing grid. States can also help to sustain momentum for clean transportation through policies that bolster clean vehicles," Orvis outlined.

The report showed the rise of data centers, electrification and expanded domestic manufacturing is straining power grids. Texas is one of the largest data center markets in the country, with almost 200 facilities in operation.