Is Breaking Up Texas Muni Electric Utilities a Good Idea?
Will Texas Muni Electric Utilities Break Up? Austin and San Antonio are pushing back on Gov. Abbott's call to break up their muni electric utilities. But are the savings real? Texans like doing things their own way, and that includes electricity. Most Texans can choose among competing light companies . However, more than 5 million people in Austin and San Antonio get power from city-owned utilities. Gov. Greg Abbott now wants to change that. He says opening these muni electric utilities to competition could lower bills and give customers the power to choose . Abbott says Austin and San Antonio customers could save up to 13% if they could shop for their power. He also says commercial users could save nearly 22%. He has not provided much detail on how he reached those figures. But, power retailers say the plan could have the opposite effect. What Does Abbott Want To Change? Abbott wants state lawmakers to let customers in cities with muni utilities choose their power provider. His p...