The Startle Gram suggests we should be pointing blame the Texas PUC, not TXU for our high electricity rates.
It’s a natural thing to blame TXU for our high electric bills, but is TXU really at fault?
If we’re going to blame anybody or anything, it should be Texas Public Utilities Commission, which has allowed TXU to jack up rates by 24 percent in just one year …
Twice a year, TXU is allowed to ask for a rate increase and it usually does, and the PUC usually says “Sure!” …. You all might be interested to know that TXU has never asked for a rate decrease.
You all also might remember that the PUC will go out of business in January. That’s when deregulation of utilities in Texas is supposed to kick in …
I have no idea how this is going to play out, but it can’t be as bad as having an agency as ineffective as the PUC looking out for us …
