A big electric company claims a capacity market in Texas would be worth it. But at a cost of nearly $5 billion annually to consumers, the question might be asked: worth it for whom?
In a guest editorial, the TCAP executive director draws attention to pending state legislation that would increase unfair tax collections by utility companies.
Just as our legislative leaders are pushing to close unfair tax loopholes, lobbyists for big monopoly utilities are clamoring to open up another sort of tax-related dodge — and one that could cost Texans millions of dollars.
Artificial price supports in the competitive market? Price caps become price floors? New regulatory proposals offer “heads I win, tails you lose” vision of deregulation.