How to protect your business from a Texas Freeze-like financial disaster and commodity price volatility
1 Oct 2021
News
It was Feb. 14 when the wrath of storm Uri bore down on Texas and immediately began impacting Texas’ electric grid resilience and reliability, but nobody was prepared for the devastating impact and subsequent economic fallout.
Today, some seven months after the Texas Freeze, companies are facing a new challenge with the price of natural gas skyrocketing and another potential financial disaster due to unforeseen market volatility. Many are asking “What’s next? And how can I protect my business from the rapidly changing markets and utility price volatility?”
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The Royse City, TX Community
Royse City is home to a growing number of young professionals and families. The average age within the city is 32 years old, and the educational attainment is higher than the national average. This has led to a population that is active, educated, and earns around $90,000 per year - far more than the national average. With 15,000 new homes in some stage of development, the city’s growth is expected to continue for some time. As it does, investments are being made in parks and recreation and the local school district.