by TCCFUI | Jan 25, 2017 | Blog
Without substantial changes, a proposed deal to transfer the state’s largest transmission and distribution utility to an out-of-state company should be rejected, according to Texas regulatory staff and others. At issue is the proposed sale of Oncor, the massive north...
by TCCFUI | Nov 2, 2016 | Blog
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...
by TCCFUI | Oct 26, 2016 | Blog
AUSTIN — Not necessary and maybe even a bad idea. Those are two of the bottom-line conclusions of state regulatory staff regarding proposals that would make it easier for electric monopolies to increase rates. “No significant evidence suggests that the current...
by TCCFUI | Oct 13, 2016 | Blog
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...
by TCCFUI | Aug 10, 2016 | Blog
Ouch! A multi-billion-dollar bid to purchase Oncor — the state’s largest transmission and distribution utility — has hit a regulatory bump. Key state oversight officials now warn that their ability to protect ratepayers could be undermined by a $275...