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What you need to know about Texas’ complex — but important — electricity market reform plan

The idea, which still lacks some important details and could be changed by state lawmakers, would change how electricity is paid for in tight times. We explain it for everyday Texans.

El Paso Electric's natural gas-powered Newman Generating Station in El Paso on Feb. 17, 2021.

The energy-only market 

The problem

The performance credit mechanism

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Energy State government Texas Public Utility Commission