Electricity Reform in Texas: A Retrospective

The story of the Texas electricity market reform is an evolving one. By most accounts, a true metric for successful market reform is embodied in the price of electricity. Wholesale market reform should be evidenced by wholesale price movements that indicate cost reductions in generation, while retail market reform should be evidenced by retail price movements that indicate cost reductions in the delivery of energy services. A new study by the Baker Institute Center for Energy Studies delves into this issue. In Texas, there is clear evidence that retail prices in competitive market areas have moved favorably for consumers. The story in noncompetitive areas is mixed.

At this event, the Baker Institute Center for Energy Studies, together with Texas Monthly and Direct Energy, will host a panel discussion that explores the path to market reform in Texas — and how the experiment that Texas undertook more than a decade ago to introduce competition at the retail level appears to be yielding the intended benefits to consumers.

Join the conversation online with #BakerEnergy.


Panelists

Kenneth B. Medlock III, Ph.D.
James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics and Senior Director, Baker Institute Center for Energy Studies

Jim Steffes
Executive Vice President of Corporate Affairs, Direct Energy

Pat Wood III
Principal, Wood3 Resources

Moderated by

Tim Taliaferro
Executive Vice President and Editor in Chief, Texas Monthly

Agenda

8:00 am — Breakfast
8:30 am — Presentation

When?

Thu, June 8, 2017
8 a.m. - 9:30 a.m.
(GMT-0500) US/Central

Event has ended

Where?

James A. Baker III Hall, Rice University
Rice University's Baker Institute — 6100 Main St
Houston, TX 77005

Kelly International Conference Facility