“That’s the kind of argument that regulated utilities make: ‘I can make a 1 percent increase, and they can still afford the rent,’ ” said Chris Brewster, an attorney for the Texas Coalition for Affordable Power.
The power companies argue in favor of the free market when prices are high, he said, but they want government inter-vention when their profits are depressed.
Keep reading at Houston Chronicle.
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.