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CenterPoint Energy, Inc. Message Board

  • rds51 rds51 Jun 18, 1999 9:30 PM Flag

    bush signs texas electric bill!

    REI down 11/16 today !!! What effect will signing
    electric bill have on REI stock price and being able to
    maintain its Div.????? This electric bill opens up other
    companys to sell
    there power to customers and these
    customers can choose who they want to buy from. My thought
    is that small consumers will stay with who they got
    but the big buyers will choose provider. acording to
    cheaper price!!! Thanks for Any thoughts on subject.

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    • I am served by Alliant Energy here in WI. Our
      monthly residential bills recently saw the addition of
      new item -- Transmission Cost:. I would assume that
      choice is coming, at a price, although I have not seen
      the option made avaiable. My guess is that it will
      turn out to be much like the marketing blitz for long
      distance telephone carriers.

      Several weeks ago our
      interuptable customers were interupted due to lack of
      transmission capacity from the Pacific northwest during a heat
      wave. Wheeling of electricity may be limited by
      delivery problems. I have yet to see any "green"
      transmission lines so transmission costs will eat up any cost
      savings achieved by buying electricity somewhere else,
      for most customers.

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