PUC opens investigation into ‘indexed’ retail electricity plans

PUC opens investigation into ‘indexed’ retail electricity plans

Skyrocketing electricity bills for small segment of retail customer base cause for concern Austin, TX – February 24, 2021 – The Public Utility Commission of Texas has opened an investigation into the business practices of Retail Electric Providers whose plans with pricing indexed to the electricity wholesale rate are reported to have inflicted unusually high […]

PUC launches investigation of grid event, adjusts POLR rules to protect retail electricity consumers

Extends deadline for POLR registration in exchange for lower customer rates Austin, TX – In an emergency open meeting, the Public Utility Commission of Texas launched an investigation into the factors that combined with the devastating winter weather to disrupt the flow of power to millions of Texas homes. The Commission also unanimously approved a […]