The bad news: Texas-New Mexico Power Company (TNMP) customer’s bills are going up.
The good news: because the City of Friendswood and other cities fought TNMP at the Public Utility Commission of Texas (PUC), the bills aren’t increasing as much.
TNMP had asked for a $4.80 increase per month for five years and a $4.17 monthly increase for the following seven years.
Their increase is to fund an Advanced Metering System.
Attorneys working for the Gulf Coast Coalition of Cities (of which Friendswood is a member) negotiated a reduced residential surcharge of $3.40 per month for the full 12 years.
Full article at YourHoustonNews.com.
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.