“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.”

Keep reading at Dallas Morning News.

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