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Meanwhile, the low electricity prices of recent years — a function of cheap natural gas — and small profits have discouraged companies from investing in new power plants. ERCOT, which oversees about 90 percent of the state’s power grid, said power reserves that are called on when demand peaks on the hottest summer days have shrunk to the lowest levels since Texas deregulated power markets in 2002. The average monthly industrial electricity bill in Texas is $4,750, which ranks 40th in the nation and is 36.52% less than the national average of $7,483. Watchdog: How to make shopping for electricity easier Check Outage Status Olde Portland Allegheny Electric Cooperative That however is for the future. Today governments need to bite the bullet, make some bold, hard and potentially unpopular choices if they want to increase the long-term welfare of their citizens.. Tennessee 1,238 register MyAccount Are you a business owner looking for an electricity quote? 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