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    Business savvy

    Hardworking Dallas suburb clocks in among America's 10 most ambitious cities

    John Egan
    Jun 28, 2021 | 8:20 am
    Frisco, Texas
    Work hard, play hard.
    Photo by Roger Robinson/Visit Frisco

    Frisco has landed some sweet recognition for its business-friendly atmosphere. A new ranking puts Frisco eighth among what it calls "the most business-savvy cities in America."

    The Go.Verizon.com study, titled "The 15 Most Ambitious U.S. Cities," looked only at cities with at least 100,000 residents and used data from the 2019 U.S. Census.

    Six factors went into the ranking the list:

    • Average household income.
    • Unemployment rate.
    • Percentage of people with at least a bachelor's degree.
    • Number of applications to start a business.
    • Percentage of population that starts a business.
    • Homeownership rate.

    "Frisco residents can spend confidently: The mean household income is $153,704," Go.Verizon.com says. "Business owners in the city provide plenty of places for citizens to spend all that cash — Frisco has video game museums, vintage automobile collections, and outdoor concert venues."

    The booming suburb north of Dallas — one of America's fastest-growing cities — consistently ranks high as a place to live, work, and play. One recent national survey named it the No. 6 hot spot for young professionals age 25 to 39; another found it to be a top city for women working in STEM fields; another, among the best places to buy a house (although neighbor Celina is now outpacing it for new home builds).

    The city even appeared atop a ranking of the country’s best places to be stuck at home during the pandemic.

    Frisco continues to attract the interest of major employers like Keurig Dr Pepper, PGA of America, and the Dallas Cowboys.

    One other Texas city actually tops the Go.Verizon.com list: Sugar Land, a suburb of Houston, comes in at No. 1.

    "Landing the coveted top position on our list, business owners in this suburb outside of Houston know a thing or two about doing it bigger," Go.Verizon.com says. "With a mean household income of $157,923 and an unemployment rate of only 3 percent, Sugar Land lives up to its statue of the strong-willed Stephen Austin, the 'Father of Texas.'"

    Key sectors of the economy in Sugar Land, home to roughly 118,500 residents, include manufacturing, biotech, financial services, and energy. Among the major employers are Accredo Packaging, Champion X, Fluor, and Schlumberger.

    Frisco and Sugar Land are the only Texas cities to make the list of 15, which is dominated by California communities: West Covina (2), Torrance (3), Santa Clarita (4), Carlsbad (5), Norwalk (6), Thousand Oaks (9), Fremont (11), and Burbank (14). Rounding out the list are: Pembroke Pines, Florida (7), Coral Springs, Florida (10), Columbia, Missouri (12), Scottsdale, Arizona (13), and Miami Gardens, Florida (15).

    ---

    A version of this story originally appeared on our sister site InnovationMap.com.

    rankings
    news/innovation

    Summer swelter news

    Texas is No. 2 on list of states likely to see power outage in summer

    John Egan
    Jun 11, 2025 | 9:31 am
    Electric wire towers in the sunset
    Getty Images
    Texas led the list of states with the most hours of summertime power outages.

    Warning: Dallas could be in for an especially uncomfortable summer. A new study puts Texas at No. 2 among the states most at risk for power outages this summer. Michigan tops the list.

    Solar energy company Wolf River Electric analyzed the number of large-scale outages that left more than 5,000 utility customers, including homes, stores and schools, without summertime electricity from 2019 to 2023. During that period, Texas experienced 7,164 summertime power outages.

    Despite Michigan being hit with more summertime outages, Texas led the list of states with the most hours of summertime power outages — an annual average of 35,440. That works out to 1,477 days.

    “This means power cuts in Texas tend to last longer, making summer especially tough for residents and businesses,” the study says.

    The Electric Reliability Council of Texas (ERCOT), which operates the electric grid serving 90 percent of the state, predicts its system will set a monthly record for peak demand this August — 85,759 megawatts. That would exceed the current record of 85,508 megawatts, dating back to August 2023.

    In 2025, natural gas will account for 37.7 percent of ERCOT’s summertime power-generating capacity, followed by wind (22.9 percent) and solar (19 percent), according to an ERCOT fact sheet.

    This year, ERCOT expects four months to surpass peak demand of 80,000 megawatts:

    • June 2025 — 82,243 megawatts
    • July 2025 — 84,103 megawatts
    • August 2025 — 85,759 megawatts
    • September 2025 — 80,773 megawatts

    One megawatt is enough power to serve about 250 residential customers amid peak demand, according to ERCOT. Using that figure, the projected peak of 85,759 megawatts in August would supply enough power to serve more than 21.4 million residential customers in Texas.

    Data centers, artificial intelligence, and population growth are driving up power demand in Texas, straining the ERCOT grid. In January, ERCOT laid out a nearly $33 billion plan to boost power transmission capabilities in its service area.

    ---

    This story originally appeared on our sister site, EnergyCapitalHTX.

    ercotsummertexasreports
    news/innovation

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