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Texas PUC Staff Propose Further Update To Low-Income Discount Provided Through REPs
Staff of the Texas PUC have proposed to adjust the discount under the low-income discount program (Lite-Up Texas) to 25%, effective August 1
The discount had recently been adjusted to be 27% for July.
The new 25% discount would be applied to the POLR rates to determine the discount. The current POLR rates are approximately $0.1412/kWh, and a 25% discount factor will result in a discount of about $0.0353/kWh.
Retail Electric Providers (REPs) would be required to begin providing the updated discounts on customers' bills starting on August 1, 2016 through August 31, 2016 bills.
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June 23, 2016
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Copyright 2010-16 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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