Comment by actionfromafar

2 years ago

This only makes sense with the unstated premise that the state is helpless to regulate the market with its own set of incentives.

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actionfromafar

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Aloha  2 years ago

Legally, it in some ways, it currently is.

Could Texas return to Integrated utilities, and Rate of Return based pricing? sure, but that'd be up to the legislature to deal with.

I think the current system surprisingly (even to me) works well, I think building in market incentives is probably easier than trying to put the genie back in the bottle.