As Josiah Neeley of R Street writes, Texas should not adopt price controls for electricity.
- Over the last two decades Texas’ largely deregulated energy market has driven market competition and saved consumers billions of dollars.
- Recently federal regulators have pushed for price controls.
- Texas, as well as other states, should not adopt price controls for generators.
- Instead, Texas should lower market barriers to drive innovative technology and energy sources to keep its electricity prices low.
“As an alternative, Texas should focus on removing barriers to new technologies that can help make the grid more reliable and resilient. “
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