Energy Future Holdings Emerging from Chapter 11 in Near Future

Posted on Leave a commentPosted in Consumer Advocacy, ONCOR, PUC/ERCOT, TER News, Texas Deregulated Electricity, Texas Electricity, Texas Electricity News, TXU Energy, Uncategorized

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 […]

Energy Future Holdings to Sell ONCOR

Posted on Leave a commentPosted in Deregulated Electricity, ONCOR, PUC/ERCOT, Texas Electricity, Texas Electricity News, TXU Energy

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 […]

Texas Electricity Ratings: Rankings Update: 6/17/2013

Posted on 5 CommentsPosted in Amigo Energy, Bounce Energy, Champion Energy, Direct Energy, Gexa Energy, Green Mountain Energy, Reliant Energy, TER News, Texas Electricity, Texas Electricity News, TXU Energy

Now that Summer is in full swing, with higher electricity rates hitting the market and several months of new customer reviews in the system, it is once again time to update the Texas Electricity Ratings company rankings and see how providers stack up. Unsurprisingly many established providers lost points this time around with the higher market […]

PUC Continues to Drop Ball on Consumer Advocacy?

Posted on 2 CommentsPosted in Consumer Advocacy, Direct Energy, Green/Renewable Energy, PUC/ERCOT, Texas Deregulated Electricity, Texas Electricity, Trends, TXU Energy, YEP-Energy

I revieve reader questions on a regular basis about how the PUC handles their ranking system. The general thrust is “I see there is a state rankings system for Texas electricity, but it looks dated.” Or “I don’t see the electricity provider that I’m interested in listed on the PUC’s page. What gives?” I wrote an […]

Texas Electricity Ratings: Rankings Update 2/19/13

Posted on 1 CommentPosted in Amigo Energy, Bounce Energy, Champion Energy, Consumer Advocacy, Deregulated Electricity, Gexa Energy, Green Mountain Energy, Reliant Energy, StarTex Power, Tara Energy, TER News, Texas Deregulated Electricity, Texas Electricity, Texas Electricity News, Texas Power, TXU Energy

We’re well into the new year, and it is time for a new update of our rankings here at Texas Electricity Ratings. We’ve had rate changes now that companies are preparing to move back into summer rates, and there’s also been another round of customer reviews that I’ve entered into my system. So with that […]

More Signs Pointing to Imminent EFH/TXU Bankruptcy

Posted on 1 CommentPosted in Consumer Advocacy, ONCOR, Texas Electricity, Texas Electricity News, TXU Energy

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 […]