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INVESTIGATIONS Call us 24/7 Mattress Longer-Term Assistance “There is a lack of willingness from potential investors to invest in wave and tidal energy at the moment,” the report stated. This average (industrial) electricity rate in Houston is equal to the Texas average rate of 5.57¢/kWh.[2] Seabrook South Houston Stafford Webster Ipswich Electric Light Department Subscribe to CNBC PRO A new study has found what scientist already thought. Wave energy production, once the infrastructure is in place, would be a reliable, steady, and dependable source of electricity—even cheaper than wind power, said Ted Brekken, a renewable energy expert at Oregon State University and coauthor of the study. Settling In Good company 01 Find Us On About Gexa Energy   — Stephanie Together, we're moving SoCal toward 80% carbon-free energy supply. 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