Texas purports to have a free market for electricity, but to solve the problems with electric deregulation, regulators are turning more and more to a controlled market.
While we’re unlikely to return to the days of monopoly utilities, regulators seem to be encouraging an oligopoly in which market power is concentrated among a few big companies.
Deregulation has been a flop for consumers, but this could actually make it worse. “Deregulation,” of course, was never an accurate term. It was a sales pitch, a way to convince the public of benefits that never materialized.
Find the full article at fuelfix.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.