Texas SB 482 DEAD- TXU Now Free To Screw Over Rateholders Somervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas


 

Texas SB 482 DEAD- TXU Now Free To Screw Over Rateholders
 


27 May 2007 at 5:51:49 PM
salon

As it evolved to a House-Senate compromise last week, the bill would have:

•Given the Public Utility Commission new authority to levy fines – as much as $1 million a day – on any company that manipulates the markets.

•Not required TXU to sell off any business units. But the company must keep each business strictly separate.

•Reduced standard rates 10 percent by July 1 and another 5 percent cut by Sept. 1, unless the PUC decides that would seriously harm TXU competitors.

•Restored the System Benefit Fund, which provides a 10 percent discount for low-income people. Money for that fund had been collected but sent to the state's general fund.


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Comments

salon > Quick update on this, via Pacer-Click on pic to see larger (Turk Case Update- Telephone Conference Hearing Set for March 8 2019 )

salon > Lance Been awhile. Send me an email at salon@glenrose.net with the names of who you're talking about, above. Also, the newspaper editor is no longer local, ie officed here, but the paper is run.... (What Happened to Jerry Jacene? )

LanceHall > I'd love to see the Hotel Guest books and see if Jacene's name shows up long before he officially *found* the tracks.  I'd like to know if the Visitor's Bureau has emails wit.... (What Happened to Jerry Jacene? )

LanceHall > I see the land or that part of it is now in the hands of Glen Rose's own Corky Underwood. Is Jacene still involved?   I had already informed the Visitor Bureau manager (who's.... (What Happened to Jerry Jacene? )





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