The proposed Hunt-Oncor deal has drawn a large and diverse group of critics including former Gov. Rick Perry, AARP, the PUC staff, and some cities and customers in the Oncor market.
In part, they think a REIT is too risky to be in charge a significant portion of the state’s electricity transmission and that the result would be higher rates so investors could pocket more money. They also believe the structure is financially unstable and would result in too low of a disaster-reserve fund.
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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.