Report: Electric Deregulation Doesn't Necessarily Mean Lower Prices

(Austin, TX) -- A new report indicates that in the parts of Texas where consumers have an option to pick their power suppliers, those ratepayers are actually paying more for electricity. It has been a decade since state legislators passed a measure that opened most of the state's power market to competition. This new report, from the Texas Coalition for Affordable Power, shows that while those with power choices end up paying more, markets like San Antonio and Austin (an New Braunfels) , where consumers do not have that option, are paying less on their monthly utility bills.