Press Releases
01.25.12 // by ariamedia
AUSTIN, Texas–(BUSINESS WIRE)–Texans under electric deregulation have consistently paid more for electricity than Texans living in areas that remain outside deregulation, according to a new report released for the 10-year anniversary of retail competition.
Deregulated Electricity in Texas: The First 10 Years of Retail Competition also reveals that Texans have been saddled with more than $7 billion in deregulation-related charges known as stranded costs. And while average statewide rates have come down in recent years, they remain stuck above rates in adjoining states.
Commissioned by the Texas Coalition for Affordable Power (“TCAP”), a nonprofit coalition of 163 municipalities and other political subdivisions, the report tells the story of retail electric deregulation in Texas from the beginning. It was released digitally on the TCAP website (http://historyofderegulation.tcaptx.com/) and includes recent pricing data and in-depth articles focusing on energy policy. It updates an earlier report from 2009.
TCAP board president Jay Doegey says the report shows there’s more work to be done before deregulation can be declared a success. Deregulation of the state’s retail electricity markets began 10 years ago, this month. Under the law, retail electric providers in many parts of the state can compete for customers.
“Although we’ve made some progress, serious concerns remain,” said Doegey. “Electricity prices and complaints have recently decreased from record high levels experienced earlier in the deregulation process, but problems remain. Neither are these recent price declines sufficient to offset the billions of dollars in excess costs to consumers. All this points to a market that is deregulated, but still not fully competitive. Texans deserve meaningful reform.”
Among the report’s key findings:
- Texans in deregulated areas of the state have consistently paid higher average annual electricity prices than Texans outside deregulation. This added expense has cost a typical customer under deregulation more than $3,000 since the beginning of retail competition.
- Electricity prices above the national average have cost Texans more than $11 billion during the 10-year history of retail competition. Only recently has the trend of above-the-national-average prices in Texas changed.
- The number of electric providers has increased under the deregulation law — but so has the complexity of electric contracts. Complaints from electricity customers have been much greater during deregulation, as compared to complaints filed annually prior to deregulation.
- Texas had the highest generation reserve margins in the nation prior to the implementation of the deregulation law. Texas now has among the lowest. This has led to serious reliability challenges for the state’s power grid.
- There have been two statewide rolling blackouts in four years under deregulation, and at least nine reliability emergencies last year alone. By contrast, the state’s grid operator ordered statewide rolling blackouts only once in 30-plus years before deregulation.
- Some generators have recommended market changes designed specifically to increase their profit margins. Many of these proposals abandon competitive principles, and instead rely upon artificial price supports and regulatory intervention to engineer higher prices. But generators offer no guarantee that new supplies will be added to stay ahead of the demand for electricity.
- Although the Texas Legislature adopted a helpful reform in 2011, potential abuse in the wholesale power market remains a concern.
Deregulated Electricity in Texas is based on months of research, including a review of journalistic accounts, regulatory documents, academic studies and data from the United States Energy Information Administration.
“Affordable energy saves money for Texans — both as ratepayers and taxpayers,” said TCAP Executive Director Randy Moravec. “Affordable electricity also supports economic development for our communities and a better life for our citizens. For the sake of home consumers, businesses and local governments — it is important that this market work. That’s why reforms calling for greater market transparency and the prevention of abusive pricing are so important.”
About the Texas Coalition for Affordable Power
Unlike the sponsors of other reports about the state’s deregulated power market, TCAP derives no profit from selling electricity. Instead, the 163 political subdivisions that comprise TCAP purchase electricity for their own governmental needs. TCAP understands how high-cost power can undermine city budgets, can cause businesses to relocate out of state, and can place heavy burdens on home consumers. TCAP wants what all Texans want: an affordable and reliable supply of power and a vibrant economy.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50144522&lang=en
Contacts:
for the Texas Coalition for Affordable Power
R.A. Dyer, 512-322-5898
or
Jordan Wollman, 214-382-2650 x102
10.7.11 // by R A Dyer
AUSTIN, TX — Monday, October 3, 2011 – The Texas Coalition for Affordable Power, the largest city coalition of its kind in the state, has announced the appointment of Randolph Moravec, Ph.D, as its first executive director.
TCAP is a coalition of 158 member cities and political subdivisions that pool their resources to purchase electricity for governmental use. Dr. Moravec has served on the board of TCAP since its inception in early 2011, and also served on the board of one of its predecessor organizations, the Cities Aggregation Power Project, Inc.
His appointment as TCAP executive director becomes effective Oct. 3.
“We’re excited to have Dr. Moravec taking the reins as the first executive director of TCAP,” said Jay Doegey, the coalition’s board president. “With his understanding of the electricity market and municipal government — and his extensive leadership experience — Dr. Moravec will help guide TCAP as it works to save money for Texas cities and their citizens.”
Dr. Moravec has served since 1987 as the finance director for the Town of Addison. He also served on the TCAP board as its organization’s secretary, and as vice chairman of the Cities Aggregation Power Project. Dr. Moravec received his Ph.D in public affairs from the University of Texas-Arlington in 2011.
As TCAP executive director, Dr. Moravec will execute policies developed by the organization’s 15-member Board of Directors, which is comprised of representatives of member cities. Dr. Moravec also will help coordinate the solicita- tion and award of electric supply contracts for TCAP, help expand TCAP’s membership, and respond to the needs of the organization’s member cities.
“I’m deeply honored to become TCAP’s first executive director,” said Dr. Moravec. “This is an important organization that works hard to save money for Texans. TCAP wants what all Texans want: a well-functioning electricity market that encourages economic development for our cities and a better life for our citizens. I’m happy to be part of that effort.”
TCAP’s 158 members include Abilene, Addison, Arlington, Belton, Corpus Christi, Frisco, Grand Prairie, Grapevine, Harlingen, Kingsville, Mansfield, McAllen, Midlothian, Nacogdoches, Odessa, Pearland, Plano, Port Aransas, San Angelo, South Padre Island, Sugar Land, Texas City, Vernon, Victoria, Wichita Falls, as well as many other cities and political subdivisions.
Through TCAP, those cities purchase in excess of 1.3 billion kilowatt/hours of power each year for street lighting, office buildings, water and wastewater plants and other municipal needs. Because energy purchases make up such a large portion of a city’s operating expenditures, even a single-penny increase in rates can equate to millions of dollars in lost tax dollars. Unaffordable electricity also can impact the welfare of city residents.
07.25.11 // by ariamedia
AUSTIN, Texas–(BUSINESS WIRE)–Electricity complaints have skyrocketed under the Texas electric deregulation law — from fewer than 2,100 received each year by the state’s Public Utility Commission to an average of more than 12,000 under deregulation, according to an analysis by RechargeTexas.com.
Texans have lodged more than 800 percent more electricity complaints on an annual basis after retail deregulation than they did before deregulation, the analysis shows. The most common complaint relates to billing, although discontinuance and provision of service complaints also rank high.
RechargeTexas.com is a service of the Texas Coalition for Affordable Power, a coalition of cities that promote policies to make electricity more affordable. The complaint analysis was released Monday on its website, along with background documentation.
Jay Doegey, TCAP president, said the colossal jump in complaints reflects continued frustration with the deregulated electricity market in Texas.
“We may have dozens of companies competing for customers under the state’s electric deregulation law, but unfortunately that has not translated into better service,” said Doegey. “Contract confusion, high prices and other problems unfortunately are all too commonplace. It’s important that our PUC commissioners and state lawmakers do all they can to ensure that consumers come first in this market.”
Texans unhappy with their electric service have a right to file complaints with the PUC, which is charged with investigating them within a specified period. The PUC began collecting complaint data after the establishment of its Office of Customer Protection in July 1997.
The analysis shows that complaints from electricity consumers lodged with the Texas Public Utility Commission initially spiked at the end of the 2001 calendar year, which was the year the state embarked on what is now remembered as a problem-plagued deregulation pilot project. Complaints remained high after the retail electric deregulation began in earnest on Jan. 1, 2002.
In the 2002 fiscal year, the PUC received more than 8,500 complaints relating to electricity. That’s in contrast to the previous fiscal year in which the PUC received fewer than 2,100 complaints. During the entire period of deregulation, complaints against electric companies filed with the PUC have never dipped to below 7,700 per fiscal year.
RechargeTexas.com analyzed PUC electricity complaint data for the 1998 through 2010 fiscal years. The agency said it discarded pre-2003 data under its documentation retention policy and so estimates for those years were obtained through journalistic accounts and through an analysis of charts that appear in PUC annual reports. RechargeTexas.com obtained precise 2003-2010 fiscal year complaint data under the Texas Open Records law.
The agency fielded an estimated 684 complaints against electric companies during the 1998 fiscal year, an estimated 1,349 complaints during the 1999 fiscal year, an estimated 1,168 complaints in the 2000 fiscal year and 2,062 complaints for the 2001 fiscal year. That averages to 1,316 annual electric complaints filed with the PUC for the years prior to deregulation. By contrast, consumers filed with the PUC an average of 12,013 complaints against electric companies for fiscal years after the start of deregulation.
The plurality of complaints submitted to the PUC over the last two fiscal years relate to electricity bills. The relatively high number of billing complaints is unsurprising given that electric prices have increased in Texas by more than 40 percent since the adoption of the deregulation law. That’s a greater percentage increase than that registered nationwide. Likewise, average electricity prices in Texas are higher than prices in adjoining states.
“We can do better,” said TCAP president Doegey.
Under the PUC’s complaint process, customers can file a complaint against a company with the agency. The PUC then makes an inquiry with the company, which has 21 days to respond. A PUC investigator evaluates the company’s response to determine whether it failed to follow the law.
RechargeTexas.com is the state’s premier website for energy consumers. The website features informative videos, an interactive rate calculator, and a blog with the latest energy consumer news. To learn more, visit RechargeTexas.com or the website for the Texas Coalition for Affordable Power, TCAPTX.com.
Contacts:
RechargeTexas
R.A. “Jake” Dyer, 512-322-5898
05.18.11 // by ariamedia
AUSTIN, Texas–(BUSINESS WIRE)–Two key pieces of legislation currently pending in Austin, Senate Bills 655 and 661, could impact what millions pay for utility service. For anyone with gas or electric service these bills are important. But crucial details remain to be worked out.
You can find out more about SB 655 and 661—plus the ins and outs of important energy legislation—at the state’s premier website for energy consumers: RechargeTexas.com. At RechargeTexas.com, you’ll find fun videos, an interactive rate calculator, information about how to get involved in Austin, and a blog with the latest energy consumer news.
This week at RechargeTexas read about Senate Bill 655 and the most important state agency that you’ve probably never heard of: the State Office of Administrative Hearings. Consumer advocates hope this tiny state agency will figure into the final version of SB 655, which is an extremely important piece of legislation under consideration by Texas lawmakers. Find out what SOAH does and why the agency is so important for gas utility customers at the RechargeTexas blog.
Also this week at RechargeTexas.com: learn why ERCOT, the organization that oversees the state’s power grid, needs more oversight. An 108-page report available for download details ERCOT’s long history of mismanagement and broken budgets. Also read about the unresolved question in Senate Bill 661 relating to the composition of the ERCOT board of directors. While consumers pay 100 percent of the electric costs within the ERCOT market, consumer representatives remain outnumbered on the ERCOT board of directors. Could the final version of Senate Bill 661 bring more balance?
Visit www.rechargetexas.com to find out. You can also follow RechargeTexas on Facebook at www.facebook.com/rechargetexas.
About RechargeTexas
RechargeTexas is a consumer group that advocates for affordable electric power for Texas cities and their residents by promoting a more transparent, competitive marketplace. We want what all Texans want: a fair system for delivering electricity.
Contacts:
RechargeTexas
R.A. “Jake” Dyer, 512-322-5898
04.13.11 // by ariamedia
DALLAS–(BUSINESS WIRE)–House Bill 1006 and Senate Bill 948, currently pending in the Texas Legislature, would require all competitive electricity providers to offer a standard one-year, fixed-rate package, easing the confusion often associated with hidden fees and charges felt by many Texas consumers in the deregulated electricity market.
Shopping for electricity in Texas can often be a confusing experience. Are there connection fees? Late fees? Transaction fees? What is my rate? Is it variable? How easily can I switch providers? Do I really know what I’m paying for each month?
The proposed standard plan would present consumers with a clear-cut choice on which electricity provider to select – a standard retail service package on a standard form with standard terms, where the only difference between providers would be the price of electricity they’re offering. Prefer a non-standard plan? Under the legislation, retail electric providers could continue offering those as well.
All Texas consumers in the deregulated market have a right to make an informed choice on electricity providers. But too often hidden fees, fine print, and miniscule variations between electric plans can add up to big differences in your monthly bill. With more than 40 retail electric providers offering more than 140 different plans in Texas, how can you ever do a side-by-side comparison? It’s like comparing apples to oranges.
A standard electricity plan will help to lower electric bills and make the market more competitive.
Let your legislator in Austin know you care.
Visit http://rechargetexas.com/apples-to-apples/ to learn what you can do.
About RechargeTexas
RechargeTexas is a consumer advocacy group dedicated to reducing the cost of electric power for Texas cities and their residents by promoting a more transparent, competitive marketplace. We want what all Texans want: a fair system for delivering electricity.
For more information, please visit www.rechargetexas.com.
Contacts:
RechargeTexas
R.A. “Jake” Dyer, 512-322-5898
02.25.11 // by R A Dyer
New Study from the Texas Coalition for Affordable Power: $15.5 Billion in Excess Electric Costs under Texas Electric Deregulation
Coalitions Representing More Than 150 Cities Send Letter Calling for Action by Texas Legislature
AUSTIN, Texas–(BUSINESS WIRE)–Excessive electricity prices under electric deregulation have cost Texans an additional $15.5 billion, according to a comprehensive new report on the deregulated market.
Judged in terms of increases in average electricity prices, the deregulated market in Texas has been one of the nation’s poorest performing, according to the report. It also cites evidence that Texans in deregulated areas consistently pay more for electricity than Texans in areas exempted from deregulation.
Citing the findings, the chairman of the two city coalitions that commissioned the report distributed a letter to state lawmakers this week calling for important reforms. The coalitions that commissioned the study, the Steering Committee of Cities Served by Oncor and the Texas Coalition for Affordable Power, represent more than 150 cities and political subdivisions in Texas with more than 3.5 million residents.
“This report shows that it’s time to fix deregulation,” said Jay Doegey, who chairs both coalitions. “We support electric competition — but competition that works for Texas residents and businesses. Years of electricity prices above the national average needlessly have cost Texans billions of dollars. These high prices have taken a toll on personal finances and the state’s economy. It’s money that could have been used for other priorities.”
The report, delivered this month to all members of the Texas Legislature, documents recent declines in electric prices in Texas (currently average residential prices are slightly below the national average), but found no evidence that those declines have compensated for years of inefficiency in the market. Judged in terms of changes in the average price of electricity, the deregulated market in Texas has performed worse than residential electricity markets in most other states — including most states with deregulation, the report shows.
Key findings include:
- In terms of increases in average residential electricity prices between 1999 and 2010, Texas ranks ninth nationally, fourth among 15 states with electric deregulation and third among 22 states with a reliance on natural gas to fuel generation plants.
- Since the Texas electric deregulation law took effect, Texas residential consumers have paid more than $11 billion in excess costs resulting from electricity prices above the national average. Prior to the adoption of the deregulation law, Texans consistently paid below the national average.
- All classes of Texas electricity consumers — that is, residential, commercial and industrial — would have saved $15.5 billion had prices remained at the national average since the beginning of retail electric deregulation. In the ten years leading up to the deregulation law, all groups of Texas consumers collectively paid $17.6 billion less than the national average.
- For every year there is data to make a comparison, residential consumers in areas of Texas with retail electric deregulation (such as Houston and Dallas) have paid average electricity prices higher than residential consumers living in areas of the state outside deregulation (such as San Antonio and Austin). Texans outside deregulation consistently pay below the national average, while Texans inside deregulation consistently pay above it.
- Recent declines in the price of electricity in Texas relate largely to changes in the commodity cost of natural gas, which is used to fuel many generation plants. However, data cited by the report show that the declines in average electricity prices have been less pronounced in deregulated areas, as compared to areas of Texas outside deregulation. This suggests that the deregulated market in Texas is much less nimble in its response to changing conditions, as compared to areas of the state exempt from deregulation.
Based on these findings, the city coalitions recommend the following action:
- The Texas Legislature should reject proposals to create new “streamlined” or “one-way” ratemaking rules. Such regulatory gimmicks will increase electricity prices in Texas and contribute to bloated utility spending. Texas utility lobbyists are currently pressing for such changes.
- Regulators should be given authority to assess higher fines for anti-competitive activities in the wholesale electricity spot market. A loophole that allows relatively small generators to engage in anti-competitive behavior should be closed.
- Electric generation companies that bid their power into the wholesale spot market at excessive prices should be promptly identified after they submit their bids. Such disclosures will discourage anti-competitive bidding practices. Texans ultimately must pay for this electricity and have a right to know where their money is going.
- Retail electric providers should be required to offer standardized fixed-rate products among their selection of other electricity products. This will make it easier for Texas residential consumers in deregulated areas to make apples-to-apples price comparisons when shopping for electricity.
The Story of ERCOT is based on months of research, including a review of journalistic accounts, regulatory documents, academic studies and data from the United States Energy Information Administration. It includes separate findings relating to the Electric Reliability Council of Texas, which is the organization that manages the state’s power grid. Those findings were detailed in an earlier press release.
The Story of ERCOT is available for download at www.tcaptx.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6623921&lang=en
Contacts
for the Texas Coalition for Affordable Power
R.A. “Jake” Dyer, 512-322-5898
02.14.11 // by R A Dyer
Ordinary Texans Lack Representation in Organization at the Center of the Recent Blackouts
AUSTIN, Texas–(BUSINESS WIRE)–The Electric Reliability Council of Texas, the organization now under fire for the recent blackouts in Texas, has a history of missteps, mismanagement and broken deadlines, according to a new study released Monday to all members of the Texas Legislature.
Commissioned by two non-profit municipal coalitions, The Story of ERCOT documents an alarming increase in borrowing and spending by the organization and a lack of accountability to state officials and regulators. The report shows that self-interested industry players dominate the ERCOT board while Texas consumers, who indirectly or directly pay the entire cost of the organization and the electric market that it helps oversee, have only a limited voice.
The twin coalitions that commissioned the study, the Steering Committee of Cities Served by Oncor and the Texas Coalition for Affordable Power, represent more than 150 cities and political subdivisions in Texas. Jay Doegey, who chairs both coalitions, said the report shows that missteps at ERCOT have needlessly cost Texans hundreds of millions of dollars.
“Texans deserve better than this,” said Doegey. “Residential consumers and businesses — those who actually foot the entire bill for this organization — should have more representation on the ERCOT board. The out-of-control spending, mismanagement and lack of accountability must end.”
ERCOT’s performance during the recent blackouts is expected to become the subject of a key legislative hearing this week. ERCOT also came under fire during rolling blackouts in 2006.
Report also identifies problems with rules governing the wholesale electricity market
Separately, the report also includes important findings relating to the deregulated electricity market in Texas. The market is largely overseen by the state’s Public Utility Commission.
For instance, the report found that a legal loophole allows some electric generation companies to engage in anti-competitive activities. Another loophole prevents the PUC from ordering restitution to consumers or entities harmed by improper market manipulation.
The report also documents instances in which electric generators have sold power at levels well above their marginal cost, a sign that the Texas market is insufficiently competitive. Policymakers have rejected rules that would limit excessive prices in the wholesale market.
“Texans have paid billions of dollars in excess costs because of inefficiencies in the deregulated market,” said Doegey. “We support competition in the electricity market — but competition that works. It’s time to close the loophole on anti-competitive activities and time to fix the broken enforcement process. Big generators must not profit through deceit.”
Based on the findings, the city coalitions recommend the following legislative reforms:
*The Public Utility Commission should be granted greater authority over ERCOT’s borrowing and spending.
*Consumers ultimately pay all costs in the electricity market, but only control a minority of seats on the ERCOT board of directors. This should change.
* The PUC should be granted authority to order restitution to parties harmed by anti-competitive activities. A loophole that allows relatively small generators to engage in anti-competitive behavior should be closed.
The Story of ERCOT is based on months of research, including a review of journalistic accounts, regulatory documents, academic studies and years of data from the United States Energy Information Administration. It is available for download at www.tcaptx.com.
10.12.10 // by R A Dyer
The cities, which include Galveston, Dickinson, Sugar Land and others, are adopting ordinances this month that call for the rate reduction. The ordinances have the simultaneous effect of blocking a rate hike proposed by the company. “Electric bills in the Houston and Galveston area are already too high — consumers don’t need a rate hike. They need a rate cut,” said Julie Johnston, City Administrator for Dickinson. “The analysis by our city coalition shows CenterPoint already collects more than its need. Consumers’ electric bills should be lower.”
Read More »
07.12.10 // by R A Dyer
“The Sunset Advisory Commission struck a blow for Texas electricity consumers on Tuesday by calling for more fiscal oversight of the Electric Reliability Council of Texas. Texans depend upon ERCOT to manage the power grid and to oversee much of the state’s deregulated electricity market. But ERCOT’s spending and borrowing have increased in recent years to alarming levels. Under recommendations adopted by the legislative Sunset Advisory Commission, ERCOT would face new requirements that it obtain prior approval from regulators for its annual budget and for its use of debt. CAPP recommended both accountability measures in the interest of protecting Texas consumers, who ultimately must foot the bill for ERCOT’s spending.”
Read More »
05.27.10 // by ariamedia
AUSTIN, Texas–(BUSINESS WIRE)–Reducing confusion in the Texas electricity market, encouraging policies to bring Texas rates back down to their historic levels below the national average, and cracking down on anti-competitive abuses — these reforms and more were among those offered this week to state lawmakers.
The Sunset Advisory Commission, a panel of state senators and representatives, received the proposals as part of its ongoing top-to-bottom review of two organizations that oversee electric deregulation. During a public hearing this week, a coalition of municipal consumers known as the Cities Aggregation Power Project proposed some of the most important changes.
CAPP chairman Jay Doegey told lawmakers that cities have a direct interest in an efficient and well-functioning electricity market. That’s because an efficient market can lead to reduced electric rates for residential consumers, and reduced operating costs for businesses and governments.
But Doegey noted that under deregulation, electric rates have soared to levels consistently above the national average. Prior to the adoption of the deregulation law, rates in Texas were consistently below the national average.
Also, despite some recent leveling-off of prices in Texas and elsewhere, it’s still true that residential electricity prices have increased by a greater percentage in Texas during the overall period of deregulation than they have in almost every other state.
“But we are out not here to reregulate,” cautioned Cities Aggregation Power Project chairman Doegey. “What we want is for competition to work for consumers. Our coalition members have been active participants in this market. We’ve seen what has worked, and what hasn’t. All of our cities have an interest in the creation of the best possible electricity market for all Texas cities, and for our state’s citizens and its businesses.”
CAPP was joined at the public hearing by two other municipal coalitions, the South Texas Aggregation Project and the Steering Committee of Cities Served by Oncor. Together, the groups delivered to lawmakers a stack of more than 100 city resolutions in support of reform.
Despite the long history of price increases, the Texas electric deregulation law has not been meaningfully reformed since its adoption more than a decade ago. Action by the Texas Sunset Advisory Commission could change that. The panel is expected to issue recommendations later this year in advance of the next legislative session, which convenes in January.
More information about reforming the electricity market can be found at the rechargetexas.com website, or at facebook.com/rechargetexas. Some of the CAPP’s proposed reforms include:
- Require more accountability at the organization that manages the Texas power grid
Operating expenses at the Electric Reliability Council of Texas (ERCOT) have increased more than 600 percent since 2000. Debt has increased by more than 800 percent. Consumers should be granted a greater voice at the organization and all ERCOT budgets and debt expenditures should receive pre-approval from state regulators.
- Apples-to-Apples Price Comparisons
Under this proposal, retail electric providers would add standardized deals to their overall menu of electricity packages they offer consumers. The fine print of these standard deals would remain uniform for all electric companies, although companies could price the deals in any way they see fit. Electric companies could also continue selling their full menu of other electricity packages, each with their varying terms and conditions. Through these new standard proposals, consumers would gain the ability to make clear apples-to-apples price comparisons when shopping for electricity.
- Guard against anti-competitive practices
Regulators should be granted greater authority to guard against anti-competitive behavior in the wholesale electricity market. Regulators should have the power to grant refunds for those entities that end up paying higher prices because of anti-competitive abuses. A loophole allowing some generation companies to abuse the market should be closed.
For more information about proposed reforms, go to rechargetexas.com or facebook.com/rechargetexas.
About Recharge Texas
Recharge Texas is a statewide, non-profit, non-partisan consumer advocacy initiative dedicated to reducing the cost of electric power for cities and their residents by promoting a more transparent, competitive marketplace. Recharge Texas is sponsored by the Cities Aggregation Power Project, a statewide non-profit corporation that pools public sector purchasing power to negotiate lower and more stable prices for its more than 100 Texas city and other political subdivision members.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6307779&lang=en
Contacts:
Recharge Texas
R.A. “Jake” Dyer, 512-322-5898
