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October 07, 2007
Utility Deregulation - A Bill Of Goods
It's now been nearly a year since electricity deregulation in Texas fully went into effect. The results have been less than rosy so far for consumers. Remember the promises that deregulation would lead to lower utility bills through competition? Ask yourself, has your utility bill declined?
In fact, bills for Texans living in deregulated markets (some places like Austin generate their own power) have skyrocketed. So much for competition.
Today's Chronicle has a good piece on the subject. Again, whomever has benefitted from this deregulated system to date, it certainly hasn't been the average Texas consumer. Wonder if this will become an issue in next year's elections? It sure should.
Posted by houtopia at October 7, 2007 10:09 PM