“Wall Street speculators seeking to buy Oncor have failed to meet the burden of proving that their deal is in the public interest,” AARP Texas Director Bob Jackson said Friday about the latest filing. “It’s obviously not in the public interest to concoct a clever financing scheme that hands investors a $250 million a year tax windfall on the backs of Texans. The Public Utility Commission of Texas must do its duty and reject the proposed sale of Oncor.”
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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.