A new timeline tells history of the Texas electricity market, from deregulation’s beginning, to phantom tax collections by utilities, to a recent drive by generators to secure multi-billion-dollar subsidies.
The purpose of a capacity market is to INCREASE energy costs. By their very design, capacity markets contribute to higher prices.
CenterPoint Energy collects more profits than have been previously authorized by regulators. That may come as good news to shareholders, but its a windfall paid directly by Houston area electric customers.