One way or another, your electric rates are going up.
The Legislature is working on a compromise bill that would allow providers to raise rates without a hearing with the Public Utility Commission.
KETK has talked with a co-sponsor of the bill in the House, and yes, it gives utility companies virtual carte blanche to raise your rates.
They call it streamlining the process.
Critics call it devastating.
The legislature has a lot on it’s plate. Budget deficits, redistricting and more have to be done this session.
But one bill has come as a bit of a surprise, and seems on the fast track to becoming law.
Read more Rate hike fast track
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.