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State agency appears to be backing late-entrant plan for Texas energy market redesign

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It’s unclear how the Legislature-ordered redesign of the state’s deregulated...

Courtesy: CPS Energy

that plunged millions into freezing darkness for days. Lt. Gov. Dan Patrick has said incentivizing construction of new natural gas power plants is among his top legislative priorities.. The PUC was still discussing its options Thursday afternoon. CPS hasn’t responded to inquiries about whether it supports the Performance Credit model or how it might be affected by the market redesign. So it’s far from clear how San Antonio household’s utility bills could be affected by the changes. A consultant’s estimate suggests the model would addIn October, CPS declined to comment on the market redesign proposals, saying it was awaiting a report from the PUC’s consultant with technical details about the different redesign options.

 

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