Benefits offered last week by a Hunt-led group seeking to buy part of the state’s largest utility would eventually add $295 million to power bills, the staff of the Texas Public Utility Commission said today. The staff generally agreed with a similar critique by a coalition of Texas consumer groups.
The staff opinion filed today, which advises the commission to reject the plan, says the Hunt group plan includes “illusory benefits.”
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Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.