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Reply #42: Lawmakers will meet on power deregulation (Texas) [View All]

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54anickel Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-09-06 10:23 AM
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42. Lawmakers will meet on power deregulation (Texas)
http://www.chron.com/disp/story.mpl/business/4321435.ht...

Two Texas legislative committees will hear from electri- city retailers, regulators and others Thursday on the current state of power deregulation.

The Senate Business and Commerce Committee and the House Regulated Industries Committee will hold the joint hearing in Austin at 1 p.m.

Texas Public Utility Commission Chairman Paul Hudson is expected to speak, along with representatives from the three largest power retailers in the state TXU Energy, Reliant Energy and Direct Energy and consumer advocates.

snip>

The chairman of the House committee, state Rep. Phil King, R-Weatherford, warned industry leaders at a conference in October that if they didn't drop prices, legislators might do it for them.

bit more...
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