by TCCFUI | Aug 29, 2018 | Blog, Rates and Service
One-third of a billion dollars — that’s the value of rate reductions so far approved by Texas electric utility regulators as a consequence of the 2017 Tax Cuts and Jobs Act. Adopted last December, the federal tax law reduced corporate liability from 35 percent to 21...
by TCCFUI | Jul 20, 2018 | Blog, Electricity
Texans, for the second day in a row, set back-to-back records on Thursday for electric consumption. Sometime between 4 p.m. and 5 p.m., system demand reached 73,259 megawatts, according to the state’s primary grid operator. That surpassed the previous record of...
by TCCFUI | Jul 18, 2018 | Blog
A contemplated system revamp at ERCOT, the organization that oversees the state’s primary power grid, could cost millions up front — but also end up benefiting Texas ratepayers in the long-term, even after taking the cost into account. That’s the conclusion of two...
by TCCFUI | Jun 27, 2018 | Blog, Electricity
The California-based company that recently acquired Oncor is under review for a potential credit downgrade — in part because of its purchase of the Texas utility. Oncor is the largest electric utility in Texas. In April it was acquired by California-based Sempra...
by TCCFUI | Jun 21, 2018 | Blog, ERCOT
Key wholesale power prices in Texas increased during 2017 — an upward surge largely driven by rising natural gas prices. Average demand for power in the ERCOT market also increased in 2017. However, peak-hour demand fell by 2.2 percent from the all-time record set...