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.
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Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.