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Cap Rock Sets the Record Straight on Rate Filing
Cap Rock Energy Corporation responds to local press and groups claiming huge rate hikes. The release states total revenue increases of 14.45 percent approved by no final decision yet by the Public Utility Commission of Texas. It blames a small, wealthy customer group and St. Lawrence Association for lobbying SB 1280 to place Cap Rock under PUC regulation and vows to end subsidies among rate classes.
MENTIONED IN THIS ARTICLE
Cap Rock
PUC
St. Lawrence Association
Troy Fraser