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 […]

UPDATE 1/10/2013: PUC Complaint Scorecard Still Needs Some Work

Posted on 3 CommentsPosted in PUC/ERCOT, Texas Electricity, Texas Electricity News

A couple months back I spoke with the PUC, on a story linked here, regarding the PUC’s handling of their self-trumpeted ratings system for REPs. When I started asking questions, they quickly turned around an update the following date and the improvements in their process were clear. Since then, they’ve not done anything else. In the […]

PUC To Implement Smart-meter Opt-Out Plan

Posted on 1 CommentPosted in PUC/ERCOT, Texas Electricity, Texas Electricity News

The PUC announced last week that they’d be coming up with an opt-out program for Smart Meters. This isn’t surprising, given the natural Independence of Texans in general, and some people have had concerns about the effectiveness of Smart Meters, as well as the idea that they don’t like agencies gathering their data on electricity usage. […]

PUC Rules Electric Companies Can’t Alter Fixed Price Rates

Posted on 1 CommentPosted in Ambit Energy, Deregulated Electricity, Fixed Rates, PUC/ERCOT, Texas Electricity, Texas Electricity News

After the PUC voted to raise the market cape earlier this summer (with more cap raises coming in upcoming years), there were a lot of concerns about whether or not Texas electricity companies would alter the rates of their fixed rate electricity plans because of increased costs on their end. This was a controversial concept, […]