Power costs more in deregulated areas, study says

subscribe

A nonprofit coalition of municipalities says a study it conducted found that Texans who live in cities where electricity rates are still regulated pay less for power than do those who live in areas with deregulation.

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

Electrification Of Vehicles Prompts BC Hydro's First Call For Power In 15 Years

VANCOUVER - The Government of British Columbia (the Government or Province) has announced that BC Hydro would be moving forward with a call for new sources of 100 percent clean, renewable emission-free electricity, notably including wind and solar. The call, expected to launch in spring 2024, is BC Hydro's first call for power in 15 years and will seek power from larger scale projects.

Over the past decade, British Columbia has experienced a growing economy and population as well as a move by the housing, business and transportation sectors towards electrification. As the Government highlighted in their recent announcement, the…

READ MORE
Lliam Hildebrand

Opinion: Fossil-fuel workers ready to support energy transition

READ MORE

U.S Bans Russian Uranium to Bolster Domestic Industry

U.S Bans Russian Uranium to Bolster Domestic Industry

READ MORE

phone pad

Shocking scam: fraudster pretending to be from BC Hydro attempts to extort business

READ MORE

chuck schumer

Top Senate Democrat calls for permanent renewable energy, storage, EV tax credits

READ MORE