Friday, March 26, 2010

NEW THREAT TO HIGHER ELECTRICITY COSTS

Today's Houston Chronicle contained an article on page B11 titled "One-way rate-making hurts power customers".  The author reports that state utility officials are peddling fiscally irresponsible thinking as good policy when it comes to setting electric rates.  The proposals are known as one-way rate-making because they work in only one way: against ratepayers.  Use this link to read the complete story.

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