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Newspaper
Wilson County News
Location
Floresville, Texas, United States of America
Date
Apr 01, 1998
Page
2
FELPS trustees weigh a shift allowing direct contracts with power generators, arguing a competitive market may lower bills and expand choices. Data show Texas rates below national averages. critics warn deregulation could raise prices if power exits the state or outages occur.
The Texas House report cites Texas Perspectives Inc. finding retail competition would aid large industrial users but raise electric rates for residential and small business customers. A 1000 KWH monthly household could see a $13 rise, with about $30 per month after five years. It notes stranded costs and potential pass through to consumers.
Trustees weigh extending FELPS contract with CPS amid a deregulation clash. Rhode Island utilities recover stranded investments via a 2.8 cent per KWH access fee for 30 months, with other options including leaving the system and new market entry fees. City council review follows last week’s amendment discussion as local leaders consider futures.
Floresville Electric Light and Power System trustees approved an economic development rate offering 5 to 8 percent discounts for high volume customers signing for at least three years. The move follows a Public Utility Commission of Texas allowance and targets large users like Lyssy and Eckel Inc. and Texaley Foundry, but excludes seasonal operations such as peanut dryers. The board also approved purchasing the local cable television company for $600 per customer, with 388 customers last October and an estimated $232,800 price, and expects the Stockdale line project to finish by mid June after easement completion. Additionally the panel discussed a petition from 29 Falls City residents over excessive “blinks,” announced a $17.48 purchased power credit for March, and wrote off $2,634 in bad debt.
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