Hunt Consolidated Energy and several unsecured creditors are proposing to purchase Oncor from the bankruptcy court and restructure it as a real estate investment trust. While I am confident that the Hunt organization is well qualified and fully capable of such an acquisition, I am very concerned about the potential impact of higher rates the 3 million customers may be forced to pay if the acquisition is structured in such a way.
Keep reading at TribTalk.
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.