Ann Coffin, an attorney with Gexas Energy, a Houston-based electricity provider, testified the deal might look like it puts Oncor back under the control of a Texas company but she said the majority of ownership would really be East Coast hedge funds that would once again create financial risk for a utility company millions of Texans depend on for electricity.
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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.