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U.S. Bankruptcy Judge Christopher Sontchi gave approval in his Delaware courtroom this past Friday, August 26 for Energy Futures Holdings to reorganize from the biggest bankruptcy in US history since GM in 2009. TXU retail energy business and Luminant, Texas’ largest power plant operator, will be spun-off tax-free under the subsidiary Texas Competitive Electric Holdings […]
Here at Texas Electricity Ratings, we are starting a new regular column that will look at a review that someone has submitted and examine it. The idea is to help consumers understand how the Texas electricity market works. This week’s review comes from “Susan,” in north Texas: I moved into my first apartment on July 11th, […]
Texas Electricity Ratings has updated their Texas electricity provider rankings heading into the hottest portion of the Texas summer shopping season. The goal is to ensure that shoppers have the most up to date information at their disposal while shopping for electricity providers. In preparation for the final stretch of the summer season, Texas Electricity […]
Occasionally, folks ask some good questions when they’re shopping for electricity. Our Texas Electricity Consumer Questions Series tries to clear up the confusion and answers those questions so you can be a better informed consumer. From J. in Sharyland— “Are there any REPs that don’t have high TDU charges?” We understand your frustration, J., but […]
I saw this nice little article in the Texas Monthly today as a primer of things customers should know about deregulated electricity in Texas. It’s a great premise, and the three things they listed are certainly things Texas customers need to understand, but I’d definitely expound on a few things that Texas electricity customers should be […]
As I’ve stated for years, the bankruptcy of Energy Future Holdings has been inevitable. It was coming ever since the bottom dropped out of the natural gas market due to innovations in fracking. And finally, it looks like we can finally see how the Texas electricity market might look once the inevitable finally happens and […]
Now that the new year has been rung in, and everyone is getting back to their regular daily lives, it is time to focus back in on Texas electricity in 2015. I previously wrote about Critical Peak (or Demand Response) programs last July. Now that we’ve rung in 2015, lets take a quick look at […]
When it comes to media coverage, It just keeps getting more and more interesting for Texas electricity company Energy Future Holdings this week. First was the news that that the company formerly known at TXU was buying time to pursue bankruptcy deals for their various subsidiaries. That is huge news, but if that wasn’t enough
Per the Wall Street Journal, Energy Future Holdings (parent company to TXU, Oncor, and Luminant) formerly known as TXU Corp., has hired restructuring lawyers at Kirkland & Ellis LLP, according to people familiar to the matter. Speculation about the financial woes of Energy Future Holdings has been rampant for years now, and I’ve written about […]
In what I consider to be extremely poor tidings, Paul Ring of Energy Choice Matters is reporting that a judge in the Texas Courts is going to allow AEP to sell retail electricity as “AEP Retail Energy” under the license name AEP Texas Commercial & Industrial Retail Limited Partnership. I’ve written about this extensively before […]