Ensure Transparency and Oversight of Monopoly Utility Rates
Electricity is a top three production cost for most manufacturers. Regulated monopoly utilities continue to push for “rate riders” that let them increase rates quickly, with very limited review. These rate riders disadvantage utility customers because they don’t provide a full picture of what a utility is earning before allowing another rate increase. In particular, riders often fail to account for cost reductions or increase revenues since the utility’s last full rate case. This can cause utilities to over-earn, forcing Texas businesses to pay more than they should for electricity. TAM’s priority is to protect the ratemaking process against ongoing utility efforts to reduce oversight and transparency.