September 28, 2019
In 1999, with the enactment of Senate Bill 7, Texas began its historic march toward the deregulation of retail electricity. Although not immediate in effect, the state’s groundbreaking legislation eventually ushered in some of the most significant changes ever for its power consumers.
No longer would giant, vertical-integrated utilities maintain their monopoly grip on all home electricity service. No longer would Austin political appointees determine directly the price of air conditioning and lighting in all parts of Texas.
In commemoration of that anniversary, the Texas Coalition for Affordable Power has released an updated version of its signature report, Electric Deregulation in Texas: A Market Chronicle. The book, organized chronologically in a year-by-year fashion, is available through free digital download. Go to the TCAPtx.com for more information……