Texas the Biggest Loser in US House Budget Bill

DOUG LEWIN | Source: Doug Lewin | Posted 05/24/2025

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Texans likely to have a 17% increase in electric bills, over $100 billion in lost investment, and reduced grid reliability if the House bill is adopted as is by the Senate


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The recent passage of a budget reconciliation bill by the US House poses significant risks for Texas, potentially leading to a 17% increase in electric bills and over $100 billion in lost investments. The bill aims to repeal most energy tax credits, which could severely impact renewable energy projects and result in a capacity shortfall of up to 50 gigawatts in Texas by 2030, according to a study by the Texas Consumer Association. This situation could lead to increased energy costs and job losses, particularly affecting manufacturers in the state.

Furthermore, ongoing legislative efforts, such as Senate Bill 6 and House Bill 3069, aim to address transmission congestion and energy planning in Texas. However, there are concerns about the potential for restrictive measures on renewable energy development, which could hinder the state's energy independence and competitiveness. As Texas continues to grapple with these legislative challenges, the implications for its energy landscape and economic future remain significant.



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Source Link: https://www.douglewin.com/p/texas-the-biggest-loser-in-us-house

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