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Texas Lawmakers to Meet on Power Deregulation

According to The Houston Chronicle, two Texas legislative committees will hear from electricity retailers, regulators and others this week regarding the current state of power deregulation.

The newspaper says that Texas Public Utility Commission Chairman Paul Hudson is expected to speak, along with representatives from the three largest power retailers in the state—TXU Energy, Reliant Energy™ and Direct Energy—and consumer advocates. The meeting is apparently in response to this year's run-up in power prices in Texas. The Chronicle is speculating it may be a sign that lawmakers will consider making changes to Texas' electricity market rules.

For more information, check out the full article Lawmakers will meet on power deregulation.

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