TCAP Releases Updated History of Deregulation Report
It was with the promise of better prices and choices that state lawmakers in 1999 adopted the Texas electric deregulation law. Newly minted electric companies would compete for customers. In theory, market forces would keep a lid on bills. How has Texas fared since...
New Report Raises Questions about Proposed Subsidies to Generators; TCAP Comments on Findings
Texas should enjoy surplus electricity over the long-term — even without paying expensive subsidies to power generators. That’s the conclusion of a highly-anticipated consultant’s report that also has determined that the Texas energy market should meet or exceed a...
Proposal: Texans to Subsidize Power Generators with Fee on Electric Bills, Annual Costs Could Reach Billions
How much would proposed capacity subsidies to generators cost Texans? By at least one estimate, close to $5 billion per year. And would the extra costs end up in home bills? Absolutely. The Texas Public Utility Commission currently is considering a proposal that would...
Subsidies Undermine Independent Electric Providers
Capacity subsidies will increase power costs. Independent REPs also believe they will create an uneven playing field in the retail energy market.