PUC Texas ruling may thwart retail electricity competition

Texas regulators may have dealt a blow to electric competition scheduled to begin in the state in 2002 with an obscure ruling on natural gas prices. Critics charge the natural gas price escalator used to estimate future prices is too low.

MILWAUKEE—In a joint application, American Transmission Company LLC (ATC) and five utility companies are seeking approval from the Public Service Commission of Wisconsin for ATC’s certification as an electric transmission company and to transfer the electric transmission systems from the five contributing utility companies to ATC. In the comprehensive application, ATC asks for certification to begin operations on Jan. 1, 2001.

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