PUCT Approves Settlement in El Paso Electric Rate Case
Thursday, Dec 14 2017
WASHINGTON, D.C. - Following is a statement from Sean Gallagher, vice president of state affairs for the Solar Energy Industries Association (SEIA), on the unopposed settlement filed today to resolve El Paso Electric’s rate case, filed in Feb. 2017:
“While this settlement is far from perfect, SEIA is pleased that the El Paso Electric Company was willing to negotiate with the many parties in this case. Under a new grandfathering provision, current solar customers in the market will now be able to enjoy their solar systems without fear of penalty.
“However, we do have some remaining concerns about the future of the solar market in this territory. The newly-established rate structure for those looking to go solar has become much more complicated, leaving the burden on future solar customers to choose their family’s rate very carefully.
“As our just-released Solar Market Insight report shows, Texas is one of the fastest-growing solar markets in the country. We look forward to working with local stakeholders so that strong solar growth, and the economic benefits it provides, can continue in the Lone Star State.”
Celebrating its 43rd anniversary in 2017, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry, which now employs more than 260,000 Americans. Through advocacy and education, SEIA® is building a strong solar industry to power America. SEIA works with its 1,000 member companies to build jobs and diversity, champion the use of cost-competitive solar in America, remove market barriers and educate the public on the benefits of solar energy. Visit SEIA online at www.seia.org.
Alex Hobson, SEIA Senior Communications Manager, [email protected] (202) 556-2886