| Democrat State Rep. Chris Turner (HD 96) filed legislation to require electric companies to inform customers of rate changes. The legislation, HB 995, addresses one of the most important issues of the session, one that Rep. Turner and Democrats across Texas have campaigned on, but has been regularly ignored by Republicans. From the press release: When passed, the law will require residential retail electric providers to give customers with fixed priced contracts a minimum of 60 days notice that their contract is expiring. The bill would also require providers notify customers what the rate change will be once their contract expires. House Bill 995 is the first bill Turner has filed. "For the past year, I have heard story after story of one and two-year fixed price contracts expiring, and residential utility bills doubling and tripling as a result," said Turner. "Texas families don't deserve unexpected rate hikes, especially in these challenging economic times. The utility companies need to be upfront with their customers and let them know when their rates may go up and by how much." The bill also requires residential retail electric providers to inform customers with expiring contracts about the Public Utility Commission of Texas website -- www.powertochoose.org -- which gives consumers the tools to compare providers and utility prices.
If we're going to have a competitive utility market, then consumers need to know their options. This legislation simply helps consumers make informed decisions, which will only lead to a more competitive marketplace. A great idea to help Texas families, and a strong embrace of practical economic principles. Ed. note: Rep. Chris Turner was one of TexBlog PAC's endorsed candidates last cycle. |
