RechargeTexas.com
It was with the promise of better prices and choices that state lawmakers in 1999 adopted the Texas electric deregulation law. Newly minted electric companies would compete for customers. In theory, market forces would keep a lid on bills.
How has Texas fared since then? The Texas Coalition for Affordable Power this week releases its updated report, Deregulated Electricity in Texas, that examines that question. The update includes new content, context and analysis.
As documented in the chronological report, the news is mixed for consumers. For instance, while prices paid by Texans under deregulation have finally fallen below the…