The impact of future deployments of renewable energy on local wholesale electricity prices and bills in ERCOT

In total, we estimate that not allowing renewables past 2025 would result in about $115 billion higher wholesale market costs in ERCOT between 2025 and 2040.

Across all regions, we estimate that renewables would reduce energy costs by about 12% for commercial customers.

• For a relatively small business that uses 5,000 kilowatt-hours of electricity every month, that’s a savings of more than $625 every year from 2025-2040.
• For a larger manufacturer using 100,000 kilowatt-hours of electricity each month, renewables result in an average savings of about $12,450 per year between 2025 and 2040.