19 Sep AARP, lawmaker call for retailers to pass through utility corporate tax savings; Texas regulators remove plans from shopping website if not offered in Spanish
Texas lawmaker, AARP call for retail suppliers to pass through corporate tax cut savings. “State regulators have forced utilities in Texas to pass along $333 million in federal tax savings by cutting their electric distribution rates, but consumers may never see a dime of that money,” according to the Houston Chronicle. “The federal tax cut was a huge gift to retail electric providers and utility companies in Texas,” said AARP’s Tim Morstad. “We feel that ratepayers should share in that windfall.” State Sen. Kelly Hancock sent a letter to the Texas PUC saying retailers should pass along the tax savings to consumers, since they are “ultimately entitled” to the money. If electricity providers ignore the request, Hancock threatened to file legislation that would give the commission authority to order retailers to pass along tax savings to consumers, the Chronicle reports.
Texas PUC removes power plans from shopping website. Texas regulators removed from the state’s Power to Choose electricity shopping website 221 electricity offers from 18 competitive retail power providers because those English-language promotions were not also offered on the Spanish-langauge site, Poder de Escoger, the Houston Chronicle reports. A commission spokesman noted the 221 electricity offers can be reactivated on Power to Choose if suppliers list them on the Spanish-language site. “Some retail providers said they don’t get much traffic from Poder de Escoger and were reluctant to spend the money it would take to translate their rapidly changing offers into Spanish,” the Chronicle reported.
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