This interview appeared on the Wall Street Journal’s Opinion Journal. The interview rambles along but there is much truth in the opening sentence. A Life in Energy and (Therefore) Politics The CEO of America’s third-largest utility on competing in an…
Category: Electricity
Texas’ Stranded Costs Raise Rates
RechargeTexas.com has a report showing the cost to consumers to deregulate Texas electricity is $6.5 billion in stranded costs. My contention is this cost never really existed except in the minds of the utilities. Since deregulation the generation plants have…