In addition to tax-related issues, those who object to the deal say the REIT is needlessly complicated and not the most efficient way to run a utility. The only other REIT utility in the country is Sharyland, a Texas company owned by the Hunts that serves about 50,000 mostly rural customers.
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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.