- In 2003, state investigators found evidence that anti-competitive activities in the Texas deregulated market had cost consumers 17 million dollars.
- In 2004, price spikes for Texas electricity were so frequent that the head of Texas’ Public Utility Commission threatened an Attorney General’s investigation.
- In 2007, an expert hired by the Commission concluded that a major generator of Texas electricity had improperly driven up wholesale prices and racked up more than 18 million dollars in unfair profits.
- In 2008, even after paying a penalty for manipulating the Texas electricity market, a major generator in Texas made away with nearly $4 million of our money.
Isn’t it time that our elected officials in Austin fixed Texas deregulation?
