Public Utility Commission of Texas

Barry Smitherman: How Texas Used a Free Market to Reduce Electricity Prices and Pollution

Electricity, Energy markets, Environmental policy / By

Barry Smitherman has an op-ed in the Dallas Morning News, “How Texas used a free market to reduce electricity prices and pollution.” Smitherman is former chairman of the Texas Railroad Commission and before that of the Texas Public Utilities Commission. He highlights price reductions available to consumers as compared to prices immediately before the retail …

Barry Smitherman: How Texas Used a Free Market to Reduce Electricity Prices and Pollution Read More »

Can Regulated Rates Be Designed to Mimic Competition?

Electricity, Regulation / By

Rather than attempting to “mimic competition,” Giberson suggested simply “to allow competition.” Cost-of-service rate regulation cannot be designed to mimic competition. If you want competitive results, then allow competition. At least that was my claim reported in a Megawatt Daily story, “Texas wires rate study draws mixed reactions.” (From Monday, June 27, 2106; articles are not …

Can Regulated Rates Be Designed to Mimic Competition? Read More »

Copyright © 2022 Knowledge Problem Archive