Geoffrey Gay, general counsel for the Steering Committee of Cities Served by Oncor, said Anderson raised some of the same questions and concerns that his organization has with regards to Oncor’s possible change of ownership.
“The proposed real estate investment trust is particularly troubling to us, especially given that a REIT has never been employed on such a massive scale,” Gay said. “The acquisition of Oncor merits a thorough regulatory review, and the interests of ratepayers must be a top priority. We’re pleased that Commissioner Anderson appears to share that view.”
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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.