Texas cities say Abbott’s proposal to disband their electric companies won’t lower costs

Texas cities say Abbott’s proposal to disband their electric companies won’t lower costs

Texas cities are pushing back against Governor Abbott’s plan to disband their local electric companies, arguing it won’t actually lower costs for consumers. Abbott had claimed that introducing competition by breaking up these city-owned utilities would benefit ratepayers. However, officials from Austin and San Antonio, among others, say that the transition could actually increase costs and complicate service reliability. This move highlights a broader debate about the role of municipal utilities versus private companies in delivering affordable energy.

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