TCAP: Reject Handouts for Big Electric
rechargetexas.com
In a recent guest editorial that appeared in the Houston Chronicle, Dr. Randy Moravec, executive director of the Texas Coalition for Affordable Power, warned that proposed subsidies for big power plants could lead to painful price increases for Texas electricity consumers. Just below is the text of his guest editorial.
Perils of this electricity plan
Grocers make money selling groceries. Bakers make money selling bread. But big electric companies want to make money simply for existing. And if they get their way, electricity costs to Texas residents and businesses would increase; maybe by a lot.
Dr. Randy Moravec, TCAP Executive Director.Randy Moravec
Under proposals now before the Public Utility Commission of Texas, owners of power plants would receive subsidies based on the number and size of plants they own. The more they own, they more they receive. The subsidies would be added to…