Enron and Ken Lay's electricity deregulation is being challenged in Texas [View All]

[johncoby2]

And you guys thought we were a bunch of ignorant hillbillies....
Full story at http://bayareahouston.blogspot.com/2009/03/sams-club-electrcity-rates.html


Our elected officials (at least some of them) have realized that electricity deregulation has been a huge failure. Senator Elitfe, a republican in East Texas, has filed SB547 to stop deregulation until it can be proven through a pilot program it will reduce rates for his constituents. His bill passed in committee on a unanimous vote.

Senator Wendy Davis, Democrat from Dallas, has filed a bill with Representative Jim Keffer, a republican, to allow cities to use their power to negotiate for a low rate and pass this on to their citizens.

It’s the Sam’s Club theory: Allow consumers to buy electricity in big boxes — city-sized boxes — to get a better rate. Under the measure proposed by state Sen. Wendy Davis, D-Fort Worth (SB 1481), and state Rep. Jim Keffer, R-Eastland (HB 2780), cities, counties and other such bodies could negotiate electricity rates on behalf of their residents.


http://bayareahouston.blogspot.com/2009/03/sams-club-electrcity-rates.html