R. Klaus has over 21 years of public service at the Public Utility
Commission of Texas. Randy is a licensed CPA. He has 37 years of
experience in the electric, telecommunications, and water utility
industries as an expert witness on utility matters, and was previously
employed by MCI.
Randy’s goal is to
provide members with safe, reliable, low-cost electricity.
He knows the electric
industry, the cooperative business model, and has observed PEC since joining the PUC in 1980. He is not a
Randy is a numbers guy and is very concerned about members’ pocketbooks
and rising utility costs in the wake of stagnant wages for many folks,
especially seniors on fixed incomes.
has been an outspoken critic of PEC’s high rates at recent annual
meetings. Despite the best efforts of the “reform-board” directors
beginning in 2008, PEC’s rates remain high relative to the competitive
market to this very day.
Action item #1: REDUCE
the $22.50 Service Availability Charge
Action Item #2: STOP
spending money on unnecessary studies to justify rates
QUALIFICATIONS AND EXPERIENCE
has testified many times as an expert witness on rates, cost of
service, and public policy issues. He testified in electric cooperative
and investor-owned utility rate cases during the 1980’s.
also participated in over 100 investigations which have resulted in
millions of dollars in administrative penalties paid to the State of
has advised Commissioners on a myriad of public policy matters,
prepared reports for the Texas Legislature, performed bill analysis,
drafted legislation and settlement agreements, and assisted the Office
of Texas Attorney General on enforcement matters.
is intimately familiar with every aspect of the cooperative business
model and management thereof, including the financing, rate-setting
process, capital credits, quality of service, purchased power, energy
markets, energy efficiency, ERCOT protocols, PURA, and public policy
issues that directly impact members’ rates, terms & conditions.
highlights include: detected employee embezzlement from petty cash,
testified to numerous multi-million dollar accounting adjustments in
numerous rate cases, exposed wide-spread overearnings in the Texas
telecommunications industry, initiated the creation of the PUC’s
Earnings Monitoring Report, investigated and uncovered a multi-million
dollar fraud involving a government fund.
was the accounting witness on behalf of the PUC in the Southwestern
Bell Telephone Company rate case following the court-ordered breakup
and divestiture of the Bell Operating System, which resulted from MCI’s
successful anti-trust suit against SWBT’s parent, AT&T.
member-owned electric cooperatives have significant cost advantages.
Cooperatives do not pay dividends to shareholders to prop-up stock
prices, do not pay federal income taxes, and have easy access to
reasonably priced capital.
Given these advantages,
Randy believes that an effective and efficiently run cooperative should
than publicly-traded, investor-owned electric utilities, and retail
electric providers operating in the deregulated electric market.
previously served as President of the Board of Directors of North
Central Austin Growth Corridor Municipal Utility District No. 1. The
Board set the rates, terms, and conditions for water and wastewater
services, property tax rates, and the overall supervision and
management of the MUD’s operations.
initiated and sponsored a board resolution that resulted in the City of
Austin’s annexation of the MUD decades before the scheduled annexation
in order to immediately reduce water rates and property taxes.
is a fourth generation Texan and has lived in Austin for 59 years.
Randy earned a Bachelor of Business Administration degree, with a major
in Accounting, from the University of Texas at Austin in 1977. He has
been married for 42 years, has three children, several grandchildren,
Randy enjoys the Texas
Hill Country, boating, skiing, jogging, fishing and hunting.