BLOG: Proposed Oncor Sale to NextEra Could Lead to Higher Rates

Oncor customers: is there a rate hike in your future? That’s the big question on the minds of some utility watchers as a deal draws near to transfer ownership of Oncor to Florida-based NextEra. “It’s obviously a concern,” said Geoffrey Gay, an attorney monitoring the...

BLOG: Key Objections Lifted to Oncor Acquisition

A key regulatory stumbling block that could have stymied a multi-billion-dollar deal for the state’s largest electric utility appears to have been overcome. However, other challenges remain. At issue it a bid by Florida-based NextEra to purchase Oncor, which serves...