It’s the New Year, which means it’s time again for the annual ABACCUS report.
Formally known as the “Annual Baseline Assessment of Choice in Canada and the United States,” ABACCUS is a weighty-looking tome that purports to rank deregulated electricity markets nationwide. The 149-page analysis was released January 22nd.
The good news is that ABACCUS again names Texas as number one among deregulated markets nationwide. The bad news is that the ABACCUS is a flawed report, one that fails to adequately account for electric affordability.
That’s a shame. We at the Texas Coalition for Affordable Power want the deregulated market to work. Texans deserve the best possible market — we should strive to be number one. But it’s hard to adequately judge the strengths and weaknesses of our market without examining how it…