Billion-Dollar Subsidies: Paying Generators Simply For Existing?
In a proposal that has been roundly rejected by organizations across the political spectrum, the owners of Texas power plants would receive subsidies based on the number and size of plants they own.
New Report: Generation Company Subsidies Could Cost Billions
As much as $2.3 billion annually. That’s how much Texans can expect to pay in additional energy costs if policymakers adopt a plan to subsidize the state’s powerful electric generation companies.
Proposed PUC rules draw fire
Unfair and anticompetitive. That’s how some members of the public and consumer advocates have characterized proposed rules that would keep Texans from getting electric service if they owe an outstanding balance to a previous electric provider. These complaints and...