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Investigating the effects of Texas' five-year transition to full energy deregulation, KDFW-TV finds that the original assertion that more competition will reduce rates and increase choices, may have been incorrect. In this 27-part series, KDFW found that electricity prices in Texas were twice as high as the national average, they remained high even as fuel costs fell and those who supported and created deregulation profited greatly from the situation. The Federal Courts have not intervened, nor does the State Regulator have the power to step in.
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