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Texas deregulation is OK, PUC says. (News).(Brief Article)
ODESSA, TX--Despite some disagreement within the ranks, the Texas deregulated electric utility market is just fine, a member of the Public Utilities Commission of Texas says.
State Rep. Steve Wolens, co-chair of the joint committee on oversight of electric utility restructuring and a co-author of the 1999 deregulation law, in June called for an overhaul of the Electric Reliability Council of Texas (ERCOT). Wolens proposed a restructuring of the board so that staff members would have more independence and the board would be less influenced by private industry.
But Public Utility Commission Chairman Rebecca Klein, on a statewide "deregulation education campaign," gave high marks to the legislation that opened the electric industry to competition, saying it created a "good market paradigm," the Odessa American reported. Klein said she and other ...
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