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The House State Affairs Committee is underway. @PUCTX Chair Peter Lake has made opening comment & now the questions have begun. Phil King is asking about a major market change called the Load Serving Entity Obligation which would add more costs. (cont.)
#energytwitter #txlege
#energytwitter #txlege
King wants to know if #txlege will be able to weigh in before the LSEO is implemented. The design of the LSEO is being done by E3 to "independently" analyze the proposal even though they proposed it for a big generator (NRG) last year.
houstonchronicle.com/business/energ…
houstonchronicle.com/business/energ…
@PhilKingTX expresses concerns about potential conflicts of interest from E3. He's right to be concerned.
@toddahunter says higher bills are coming and reminds the PUC Chair that the P in PUC stands for Public. Wants transparency for the public. cc: @DaveLieber
#txlege
@toddahunter says higher bills are coming and reminds the PUC Chair that the P in PUC stands for Public. Wants transparency for the public. cc: @DaveLieber
#txlege
