July 1, 2001
L.A. Loves a Loophole
There's no getting around it...
Texas-New Mexico Power Proposes Choice
Texas-New Mexico Power Co. (TNMP) has asked the Texas Public Utility Commission to approve "Community Choice," which would allow state customers to choose their energy providers beginning in January 1997. After a five-year transition period, customers would be permitted to choose both their electric and energy services providers. During the transition, TNMP would be allowed to reduce the stranded costs of its only generating plant, TNMP One, by keeping rates, including fuel and purchased-power costs, at current levels. TNMP also plans to aggregate residential customers to increase their purchasing power. t
Lori A. Burkhart is an associate legal editor of PUBLIC UTILITIES FORTNIGHTLY.
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