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Texas Bill Providing Potential for Choice at Austin Energy Advances From Committee
The City of Austin is like a “drug addict” that is “addicted” to some $156 million in annual revenues diverted from Austin Energy to city coffers, Sen. Troy Fraser said during a hearing on SB 1945, which would provide the potential opportunity for certain large customers at Austin Energy to take competitive electric supply.
The Senate Committee on Natural Resources & Economic Development yesterday reported favorably a committee substitute of SB 1945, sending the bill to the whole Senate. Text of the committee substitute was not immediately available.
As first reported by RetailEnergyX.com, the as-filed version of the bill provided that a customer or group of customers at Austin Energy, with a total usage of more than 25,000,000 kWh per year, may file a petition to have the Public Utility Commission of Texas review current or proposed rates applicable to the petitioning customers.
Read the rest of the story at Energy Choice Matters
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