In a new report, The Energy Retailer Research Consortium, an industry front group, attempts to mislead the public regarding the success of electric retail deregulation by comparing the Texas experience to the minority of states that have adopted retail deregulation. From an industry perspective, Texas is the leader of the other 13 states that have embraced deregulation. From a consumer perspective, Texas is the big loser.
Statement by Geoffrey Gay, General Counsel of the Cities Aggregation Power Project, Inc., relating to new electric industry report
Dec 8, 2009 | Rates and ServiceLess than a minute
R.A. "Jake" Dyer
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.