Two recent newspaper reports in Dallas and Houston give an incomplete view of the ongoing argument of whether deregulation is good or bad for Texas consumers. Both articles are based on a report issued by the Texas Coalition for Affordable Power, Electricity Prices in Texas.
The Dallas report is closer to the truth. It notes that customers in deregulated areas – as of the most recent numbers available – paid more than their counterparts in the still regulated parts of the Lone Star State. And that the “most recent numbers available” end in 2016. And that the gap has been closing – the difference is now 8.8 percent – the smallest margin since the study started.
But here’s where things get confusing, to quote the article: “(T)he study found that Texas electricity prices were the third lowest among the 15 states with deregulated markets, ahead of only New York and Maine.”
What does that even mean?