StateImpact

Texas PUC Waits For Power Companies That Dare Raise Prices

Starting tomorrow, the state-regulated maximum price for wholesale electricity takes a big jump. The "peak price" as it's called can be hit on very hot days when demand for power surges. But as StateImpact reporter Dave Fehling found, there's controversy over whether those higher costs can be passed on to consumers.

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From what we can tell the PUC looks like they’re going to allow these retail electricity providers to raise prices on otherwise fixed contracts and that’s just not fair for consumers.” —Tim Morstad with AARP

Read the full story at StateImpact Texas.

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