State regulators say it all the time: Texas' competitive electricity market benefits customers by letting them shop for the best prices. But in many parts of the state, the complex market has left consumers paying more than they should be. Read the full story at StateImpact Texas.
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Comments (3)
visule
Deregulation of the electricity market has been a failure due to high prices and now a lack of new power plants. We should go back to regulation.
Another 99%
I will stick with Austin Electric as it has low prices, compared to privitized utilities. Being from Houston and seeing double the rates, once again, the conservative privitizationer's, are a lie. Rates go up to pay for “Investers Profits”, be damn the consumer.
Some things are best not privitized. And let me remind all, the costs of the military, at least ,doubled for the taxpayers, of which is all of us. And corruption stepped in, and they are mining taxpayers monies with no benifit to anyone except a handfull of greedy corrupt companies.
Put the military undre the military, prosecute the War Profiteers.
Rudy Gonzales
Reposting: Grid failures, rolling black-outs and Coal powered generating plants are to be blamed instead of ERCOT and Austin power brokers. The electrical market in Texas should have the lowest costs in the world as natural gas is cheap and plenty-full. The Texas electrical grid prices are supposed to be based on the cost of natural gas. But wait - Texas has been building coal-powered production facilities even though Texas power mongers in Austin has known about EPA rules and regulations for over twelve years. The PUC and the Legislature have deliberately dragged their feet in implementing EPA rules without regard to federal regulations for the money-ed people who pull the purse strings of the politicians in Austin. De-regulation was supposed to have provided lower bills which has yet to come to fruition. ERCOT, the Texas PUC and the Legislature have failed grossly to provide their fiduciary function to the people of Texas. This is what happens to a one party state. Yep! The whole state of Texas has been polarized by the intransigent confrontational tone of Rick Perry and most of the TEA-Republican leadership in Austin. The 2014 Mid-term election is a-coming! Let's effect a real change in austin in 2014!