Falcon Invoice Discounting: Empowering Your Business Growth
Meet the New AECT
1. Legislative Advertising Paid For by: JuliaRaTHGEBER, Association ofElectric Companies ofTexas
1005Congress, Suite 600,Austin,TX 78701 • 512-474-6725• www.aect.net
April22, 2016
Meet the New
AECT
3. Our Roles
Julia
Rathgeber
President & CEO
Capitol Experience
o Deputy Chief of Staff for Governor Abbott
o Commissioner of Insurance for Texas
o Deputy Chief of Staff for Lt. Governor Dewhurst
o Twenty-five years of experience
www.aect.net (512) 474-6725
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4. Our Roles
ERIKA
AKPAN
VP OF POLICY &
GOVERNMENT RELATIONS
House and Senate Experience
o Senior Advisor for Business & Regulatory Affairs
for Speaker Straus
o Policy Analyst at Senate Business & Commerce
and Legislative Director for Sen. Carona
www.aect.net (512) 474-6725
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5. Our Roles
Ben
Gaffaney
VP OF Communications
& External Affairs
Communications Experience
o Fifteen years with Public Strategies and AECT.
o Communications plan development and
execution for clients in telecom, financial
services, health care and other highly regulated
industries
www.aect.net (512) 474-6725
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6. Our Roles
Scott
Hutchinson
VP OF POLICY &
GOVERNMENT RELATIONS
House and Senate Experience
o Chief of Staff for Sen. Charles Perry and then-
Rep. Charles Perry
o Appointment Manager for Gov. Rick Perry
o Policy Analyst for Sen. Birdwell
o State Drug Court Coordinator in Gov. Rick
Perry’s Criminal Justice Division
www.aect.net (512) 474-6725
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8. Competitive market prices remain low
o Price offersare substantiallylowerthanprices
available justbeforethemarketopenedin2001
o 8.4¢/KWhis lowerthan theresidential electric prices
ofallbut1 state
o The competitive marketcontinuestofoster innovation,
bringing variable, indexed andfixed-rateprices, time-of-
useratesandpromotions tocustomers
o DEFGconsulting has namedTexas thetop competitive
marketin northAmerica 9yearsin arow
Sources: PowertoChoose.org (data as of 4/1/16), historical PUC data, DEFG ABACCUS
Study (July2015)
www.aect.net (512) 474-6725
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8.4
¢/kWh
295
Offers
17%
Less
than
2001
Number of offersavailable in
large TDUservice territories
Average price for a 1-year,
locked-in, flat-rate offer
Today’s 1-year offerscost less
than electric prices before the
market opened
9. Power Restoration Update
Some outages remain due to persistent flooding whjile new outages are occurring as water
continues to rise, due to post-storm run-off into creeks and watersheds
www.aect.net (512) 474-6725
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After nearly20inches of rain
andhighwindsin andaround
Houston, nearly244,000Meters
Registered outages
Thanks to utilityemployees, anadditional30five-man
construction crews andsmart gridtechnology,90%of
customers were restored within27 hours
10. How to Reach Us
10
For background on electric markets,
environmental data and Electricity 101
Regular updates from AECT and its
member companies
Keep up with pictures and links to latest
documents released by AECT
www.aect.net (512) 474-6725
AECT.net
@aectnet
AECT Advocacy on Facebook