00:00A new study looks at how solar power changed electricity prices in Texas and California.
00:05The cool-down reports the findings, citing the Solar Energy Industries Association.
00:10In Texas, wholesale prices on the Aracot grid fell.
00:13They went from $54.97 to $31.77 per megawatt hour.
00:20That is a drop of 42%.
00:21Solar generation there rose 421%.
00:25The report estimates savings of $3.6 billion.
00:28In California, wholesale prices on the Queso grid fell.
00:32They went from $77.54 to $38.32.
00:38That is a 51% drop.
00:40Solar generation rose 90%, with savings of about $2.5 billion.
00:45Yet household bills still rose in both states.
00:48Delivery costs overtook the generation savings.
00:51The source is an industry study, so the figures come from an advocacy group.
00:55Disclosure.
00:56This video contains stock footage and content created or enhanced using AI-assisted tools.
