The Facts

* Regulations such as price caps distort market forces; those distortions lead to more regulation, unless the cycle is consciously stopped.

* Renewable energy subsidies only benefit investors; consumers are forced to pay for the discounts in energy with higher taxes.

* Texas’ electricity market has helped the state become the best environment for business in the nation.


Eliminate wholesale price caps.

Eliminate the ability of the PUC to disgorge revenue.

Eliminate the PUC’s emergency cease and desist authority.

Define more clearly the concept of market power and market power abuse.

Eliminate Renewable Portfolio Standard and support elimination of the federal production tax credit.