“Like most other Texans, our city residents have suffered through the price hikes. We remember when our electric rates were below the national average, back before Texas deregulated its electricity markets. But almost as soon as the new market began, our rates shot well above the national average — and have stayed there. In fact, in the decade since lawmakers passed the deregulation law, the increase in average residential rates in Texas has outstripped the increases in almost every other state in the country, including the increases in most deregulated states.”
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.