The Public Utility Commission of Texas

New Proposal Has Texas Power Companies Paying Twice

Dec 2, 2013
greatamericanthings.net

The Public Utility Commission of Texas is proposing a change in the running of the state’s electricity market according to State Impact Texas.

Power companies get paid when they produce electricity, but the new proposal adds a second payment for owning or building power plants.  The goal is to encourage the building of new power plants.  New plants would help avoid power shortages that have caused rolling blackouts.