TCAP Releases Report for 10-Year Anniversary of Deregulation
rechargeTexas.com
Ten years ago this month, Texas deregulated its retail electricity markets. The product of Senate Bill 7 (adopted by the state Legislature), retail electric deregulation allowed many Texans for the first time ever to choose their electricity provider. In theory, market forces would drive down rates. SB 7 also was expected to improve service.
So, after 10 years: how has Texas fared? Are complaints down? What about prices? …