PUC APPROVES DOUBLING OF NODAL SURCHARGE

A new fee of 37.5 cents per megawatt hour takes effect on Jan. 1.

After months of dissatisfaction with the slow progress and escalating cost of overhauling the way wholesale electricity is uploaded to the ERCOT grid, the Public Utility Commission today relented and approved a proposal to more than double the surcharge for the project.

The panel unanimously agreed to raise the surcharge for the long-delayed nodal project from 16.9 cents per megawatt hour to 37.5 cents.

Hank says:

“The PUC’s decision to nearly double the nodal project surcharge is typical of what has happened throughout Governor Perry’s administration. He appoints lobbyists from the industries themselves to the boards regulating the industries, and consumers get slapped in the face with higher costs.

When I’m governor, this will not happen. Energy lobbyists will have no place on the Public Utility Commission in my administration.”