by TCCFUI | Sep 3, 2021 | Blog, Electricity, ERCOT, Legislature
HB 4492 includes within its 27 pages detailed language that pertain to the recovery of extraordinary energy-related costs falling broadly into two categories — the “default balance” costs and the “uplift balance” costs. ________________________________________________...
by TCCFUI | Aug 26, 2021 | Blog, ERCOT, Legislature, Regulatory Action
Power sector weatherization is required under new omnibus legislation adopted in response to February’s statewide outages. ________________________________________________ Athough still incomplete, legislatively mandated weatherization rules for Texas generators and...
by TCCFUI | Aug 6, 2021 | Blog, Gas, Legislature
Securitization is a low-cost financing method whereby utilities receive immediate payments for incurred expenses, while customers pay back the securitized amounts over an extended period through a surcharge on bills. ________________________________________________ On...
by TCCFUI | Mar 27, 2021 | Blog, Electricity, ERCOT, Legislature, Media Reports
Berkshire Hathaway pitches a plan for regulated generation inside ERCOT. ________________________________________________ Berkshire Hathaway Energy – billionaire investor Warren Buffett’s company — has pitched Texas lawmakers on a plan to build 10 new natural...
by TCCFUI | Mar 22, 2021 | Blog, Legislature
Question of Correcting Wholesale Electricity Prices Divides Texas House and Senate. ________________________________________________ The February 15–19 ice storm that left more than 4 million Texans without power continues to roil the political waters in Austin....
by TCCFUI | Feb 16, 2021 | Blog, Legislature
Texas was roiled by similar rolling outages almost 10 years ago exactly. Then, as now, a punishing cold snap caused electricity use to spike even as several plants went off line. ________________________________________________ What happened and why? This week’s...
