rechargeTexas.com
One-cent electricity? Probably not. But that’s what Public Utility Commission chair Donna Nelson spied on the state’s powertochoose website — and it’s got her angry.
“It has come to my attention that some of the REPs are working the powertochoose website,” said the PUC chair on Thursday, referring to retail electric providers that may be listing misleading prices on the website. “Now we have prices on powertochoose of 1 cent per kilowatt hour. These rates are not the full story of what customers will actually be charged.”
Nelson noted that just transmission and distribution charges — that is, the regulated rates embedded into all competitive electric rates – exceed 1 cent per kWh. But some REPs may be taking steps (such as …