At the “State of Utilities” Luncheon held Wednesday, the Frisco Chamber of Commerce addressed a major issue facing local businesses: the high rate of Texas energy costs.

Guest speaker Geoffrey Gay, chair of the energy and utility practice group at Lloyd Gosselink, Attorneys at Law, addressed the issue head-on.

“There is nothing more important in my mind regarding economic viability [in Texas] than energy and water,” Gay said. “Over the last decade, you’ll find that rates [around the country] are lower than what you’ve been paying here.”

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*Note: Geoffrey Gay is a member of TCAP.