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edhopper

(33,575 posts) Wed Feb 24, 2021, 05:31 PM Feb 2021

Texas Electric Bills Were $28 Billion Higher Under Deregulation: WSJ

https://www.wsj.com/articles/texas-electric-bills-were-28-billion-higher-under-deregulation-11614162780

If you can't read the whole thing, this is the key graph.

Those deregulated Texas residential consumers paid $28 billion more for their power since 2004 than they would have paid at the rates charged to the customers of the state’s traditional utilities, according to the Journal’s analysis of data from the federal Energy Information Administration.

Deregulation doesn't work, and we should shut down that lie that it does every time.

5 replies

= new reply since forum marked as read

Highlight:

Texas Electric Bills Were $28 Billion Higher Under Deregulation: WSJ (Original Post) edhopper Feb 2021 OP

It Actually dv421 Feb 2021 #1

+1 n/t Laelth Feb 2021 #2

Exactly. Midnight Writer Feb 2021 #4

Same with "Privatization". rickyhall Feb 2021 #5

Freedumb ain't free. Crunchy Frog Feb 2021 #3

dv421

(170 posts)

1. It Actually

Reply to edhopper (Original post)

Wed Feb 24, 2021, 05:35 PM

Feb 2021

worked perfectly, if you are a upper 1% person. Remember, whenever a republican touts deregulating something will bring competition and lower prices, they really mean their buddies are going to be raking it in.