The deal received a warning from Moody’s that the Public Utility Commission of Teas (PUCT) may reduce Oncor’s allowed return on equity (ROE) due to the REIT structure’s reduced income taxes. In other words, the PUCT may reduce the dividend payout from Oncor to its new owners
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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.