Power costs more in deregulated areas, study says
The Texas Coalition of Cities for Utility Issues said its study found that people living in areas served by municipal power companies and co-operatives have the lowest electricity prices in the state.
"This report shows that Texans in many deregulated areas can shop around all they like, and still never find the deals available to ratepayers in Austin, San Antonio and elsewhere," TCCUI chairman Don Knight said in a story for the online edition of the Austin American-Statesman.
The coalition's study compared the lowest rates offered by the competitive electric providers serving North Texas as well as 22 municipally owned utilities, cooperatives and investor-owned utilities that operate outside competition. The study focused on rates from September.
Tom Stewart, a spokesman for TXU Energy, noted that some of the competitive electricity companies had dropped their prices since the survey was completed, The Dallas Morning News reported in its online edition.
Texas adopted an electric deregulation law in 1999.
Related News
First Nuclear Reactors Built in 30 Years Take Shape at Georgia Power Plant
GEORGIA - Construction is ongoing for two new nuclear reactors, Units 3 and 4, at Georgia Power's Alvin W. Vogtle Electric Generating Plant in Waynesboro, Ga. the first new nuclear reactors to be constructed in the United Stated in 30 years that will provide electricity to more than 500,000 homes and businesses once operational.
Construction on Unit 3 started in March 2013 with an expected completion date of November 2021. For Unit 4, work began in November 2013 with a targeted delivery date of November 2022. Each unit houses a Westinghouse AP1000 (Advanced Passive) nuclear reactor that can generate about 1,117…
