A Service of Energy CentralEnergyBlogs.com Logo

This Bloomberg report unleashes a double-barreled attack on electricity deregulation in Texas.  The report contends that electricity rates in Texas have gone up as a result of deregulation.  They blame Wall Street specifically (among many other things) for increasing electricity rates.  The piece is critical of a recent bond deal underwritten by Goldman Sachs claiming that the higher yields on the deal cost Houston electricity consumers $47 million.

 

Full Story here: http://www.bloomberg.com/news/2012-02-23/consumers-hit-by-high-rates-after-deregulation.html

1272 Views Comments 0 Comments Comments Add Comment Author BioAuthor Bio
ReportReport This Post as Foul/Inappropriate
 
Toolbox

Blog Editor
Search
Calendar
Recent EntriesRecent Entries
Recent CommentsRecent Comments
RSS


Sponsored Content

Copyright © 1996-2014 by CyberTech, Inc. All rights reserved.
Energy Central ® is a registered trademark of CyberTech, Incorporated.
CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central.
2821 S. Parker Rd. Ste 1105 Aurora, CO 80014
Contact: Phone - 303-782-5510 Fax - 303-782-5331 or service@energycentral.com.