Blogs » TexasbyMexico » Why was the old CPL(AEP forced to sell their generators but when the state said." you will deregulate" and the cost of electricity will be cheaper..

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"WHAT IS GOING ON WITH THIS ROTATING OF POWER IN THE STATE OF TEXAS TODAY? AND MAYBE FOR THE NEXT FEW DAYS? The question that comes to mind is how many people remember when companies such as CPL (and now AEP) were forced to deregulate and the cost of electricity was going to be cheaper. I was paying .08 cents a Kw..and these days it gets to .14 cents a Kw...and that's better than paying CPL RETAIL ENGERY(WHICH WAS THE COMPANY THAT TOOK OVER THE OLD CPL AND MANY PEOPLE..including myself thought it was still CPL...--which it was not) around .16 a Kw... when the deregulation started. Why was the old CPL(AEP) forced to sell off all their generators? Back in Dec 2009 we had a very cold month for almost 30 days and we never had to go through this rotating..WHAT IS GOING ON? February 2, 2011 at 12:12 p.m. " 2/2/2011 - 12:14 PM