Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.
So the Public Utility Commission of Texas will add an online filter to help consumers weed out such plans on the state’s Power to Choose website. Many of the seemingly cheapest plans include minimum use fees that increase rates when customers go above or below certain levels of electricity usage each month.
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