DOH! Once again, the Texas Legislature favors the energy industry over consumers

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DOH! Once again, the Texas Legislature favors the energy industry over consumers | Watchdog

Instead of coming once a year for a rate adjustment before the UC, Oncor and some other electric utilities can come in twice a year.

Oncor spokesperson Kerri Dunn told me the UC will continue to have full regulatory oversight for all Oncor rates. There’s no change in the rule that utilities like Oncor must come in every four years for a full comprehensive rate case. More frequent rate requests “will make it easier for utilities to cover costs and, in turn, make more profits.”

 

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