As we told you recently, the Texas Public Utility Commission is looking at raising the maximum amount that electricity generators can charge for power during times of high demand, when prices typically spike. Right now, the cap — the state’s gesture to keep us from getting gouged every July — is $3,000 per megawatt hour. The PUC wants to boost it to $4,500 this summer and potentially triple it by 2015.
The alleged goal is to entice companies into building more plants and take pressure off the grid. When we first reported this, though, we asked a bunch of people what that means for consumers’ electricity bills. The answer: Don’t ask.
Find the full article at dallasobserver.com.
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.