100 million Dollar Investment in Natural Gas Plants in San Antonio: How Going Solar Can Help You Avoid Future Rate Hikes! 

As the Texas grid reaches 100 years old and continues to be at risk, the electric company in San Antonio is spending 100 million dollars on building 4 natural gas plants to provide backup power to the utility. This is a positive development to prevent future brownouts and blackouts, but it comes at a cost. Are you aware of the cost that this action will have on your electricity rates?

This article will explore the future of electricity rates in San Antonio and how going solar can help lock in a flat energy payment for 20 years and protect you from future rate hikes. 

As we have seen in the past, such as during the infamous snowmageddon event that led to blackouts all over Texas, when the utility company takes action to secure the grid, it often results in a rate hike for consumers. This was the case when ESCORT spent millions to secure the grid during snowmageddon and passed on the cost in a rate hike. The utility in San Antonio has already raised rates on the first of January and has planned rate increases in 2025, but this new action of building 4 natural gas backup plants means new rate hikes. 

While it is understandable that the utility company is taking action to secure the grid and prevent future blackouts, it is important for consumers to know that this will come at a cost. However, there is a way to protect yourself from future rate hikes. Going solar is a wonderful way to lock in a flat energy payment for 20 years and then pay it off so you do not have to deal with any more rate hikes. 

One of the benefits of going solar is that it is grid-tied, meaning that you will benefit from the 4 natural gas backup plants without having to pay for them. The entire purpose of going solar is to lock in a flat energy payment for 20 years and then pay it off so you do not have to deal with any more rate hikes. It is a smart financial move that will pay off in the long run. 

In conclusion, the electric company in San Antonio is spending 100 million dollars on building 4 natural gas plants to provide backup power to the utility. While this is a positive development to prevent future brownouts and blackouts, it comes at a cost. Future rate hikes are inevitable. However, by going solar, you can lock in a flat energy payment for 20 years and protect yourself from future rate hikes. It is a smart financial move that will pay off eventually.