EDF Has Mixed Review of Texas-New Mexico Power Company's Withdrawal of Transition Plan

(21 November, 1996 — Austin, Texas) The Environmental Defense Fund (EDF) today applauded the recent decision by Texas-New Mexico Power Company (TNP) to withdraw its “Community Choice Transition Plan” application pending before the Texas Public Utility Commission (TPUC). The application, filed as a formal case before the TPUC in May of this year, sought regulatory approval for a transition to increased competition in TNP’s service territory. EDF was a party in the case and filed extensive testimony identifying major deficiencies in the proposal.

Responding to the announcement in a TNP press release issued on November 20, Karl R. R