“I think they see it as a growth opportunity. They already own assets in that area, they have a service territory … in that area,” said Geoffrey Gay, an Austin-based attorney and general counsel to the Oncor Cities Steering Committee. “It’s additional revenues and additional business opportunities.”
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.