An influx of gas supply to Texas power plants could stall price fluctuations in 2008 for Texas electricity customers. New natural gas pipelines in Colorado and Louisiana are a key factor in slowing down price increases, as the U.S. Department of Energy estimates a 0.7 percent increase in retail electricity rates. 2007 alone saw a 3 percent increase in Texas, but the increased gas supply couple with milder weather has predictions showing a smoother 2008 for Texans. Considering nearly 47 percent of Texas power plants are gas fired, the pipeline ventures could be a significant factor in helping dampen prices.

For more in formation: See this article in the Houston Chronicle