One member of the Public Utility Commission of Texas, concerned that electricity generators need more incentives to build additional power plants, suggested eliminating the cap on prices charged during peak times.
“I’m not prejudging it. I’ve got no particular problem raising the system wide offer cap, or eliminating the cap or adjusting the cap on peak or net margin,” said PUC commissioner Kenneth Anderson at the commission’s meeting Thursday in Austin.
Full article at StateImpact Texas.