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Solar and storage growth cut summer wholesale power prices 42% in Texas, 51% in California, SEIA analysis finds
New Solar Energy Industries Association analysis shows rapid solar and battery storage growth drove average wholesale electricity prices down 42% in Texas and 51% in California between summer 2021 and summer 2026, even as demand rose. The findings arrive as energy affordability becomes a midterm elections issue, with SEIA estimating $3.55 billion in Texas and $2.5 billion in California savings.
Priya Sharma