
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.
Capacity subsidies will increase power costs. Independent REPs also believe they will create an uneven playing field in the retail energy market.
Electricity complaints have fallen to their lowest levels so far seen under the electric deregulation law, although pre-deregulation complaint rates were even lower.
A Texas Retail Electric Provider took actions that infringed upon core customer protections, according to Public Utility Commission staff. The agency now seeks more than $2 million in penalties, and wants to revoke the company’s permission to operate in Texas.