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Dallas County, Texas | ||||||||||
Texas Electricity Company Rate Information |
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Dallas Texas Energy News - Feb 6 2007 Wal-Mart's energy strategy goes far beyond selling squiggly lightbulbs. The world's largest retailer could one day sell the electricity, too. The company recently made big announcements about its environmental goals to sell 100 million compact fluorescent lightbulbs (the corkscrew ones) this year, shift to renewable energy, and install solar panels and windmills at some stores. More quietly, Wal-Mart has created its own electricity company in Texas, called Texas Retail Energy, to supply its stores with cheap power bought at wholesale prices. This saves the world's largest retailer about $15 million annually and gives the company total control over its utility bills. Plus Wal-Mart now has the infrastructure to sell electricity to Texas consumers. That could change the game in a deregulated state where high prices have become a hot political issue. And it could help the giant company to continue to grow, even in one of its most saturated markets. |
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