Fortunately, this "rule" doesn't apply in the areas of the city served by Garland Power & Light.
 
"Oncor Electric Delivery, which was granted a rate increase late last year, will likely seek an additional rate hike late this year or early next year if the economy remains in the doldrums, spokesman Chris Schein said Thursday.
 
"Schein said Oncor, as a result of reduced electricity consumption, isn't earning the rate of return that it is allowed by the Texas Public Utility Commission. 'During slower-growth economic times, utilities need to go in more often for rate reviews,' he said."
 
This information is from an article Friday in the Fort Worth Star-Telegram. Follow the link to read the whole article.
 
There are no similar plans by Garland Power & Light to seek a price increase even though electric consumption is down slightly here too.
 

From the January Dashboard Report