AUSTIN (AP) — Democratic gubernatorial candidate Wendy Davis is joining bipartisan opposition against a possible restructuring of the Texas electricity market.
The Fort Worth state senator said Thursday that state energy regulators are overstepping their authority by supporting giving power companies subsidies to build more plants in Texas.
Republicans and Democrats on a Senate committee last week blasted the Public Utility Commission over an October vote that opened the door to what’s called a capacity market.
Power companies currently only make money when electricity is sold. Capacity payments give additional money for keeping mandated reserve power, which supporters say would guard against blackouts and incentive construction of new plants.
Lawmakers say it would lead to higher electric bills without any guarantee the lights will stay on.
(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Stakes Have Never Been Higher For Ted Cruz To Stop Donald Trump
- Jury Awards $55M In Another Johnson & Johnson Cancer Suit
- Move Over Drones, Driverless Cars – Unmanned Ships Up Next
- Families Of Bus Crash Victims To Share Nearly $11 Million
- Bassist: Prince Found ‘Real Happiness’ As Jehovah’s Witness
- Before Drug Sentencing Former Cowboy Sends Letter To CBS 11
- 4th Abduction Attempt In Tarrant County
- Evacuations In Milford After Natural Gas Pipeline Explosion
- Witnesses Watch 2 Lions Kill Lioness At Dallas Zoo
- Safety Institute Suggests Booster Seats Until Age 12
- PHOTOS: Your Pet Pictures