Why TCAP?… in 22 Seconds
What is TCAP?
We are a non-profit, for cities, by cities aggregator of electricity.
By buying electricity together, TCAP’s members enjoy much better pricing than they could obtain on their own.
We’re governed by an all-volunteer, 15-member board, composed of city leaders. No hidden agendas… just yours.
Ever wonder how much of your electricity cost goes right to the provider’s bottom line? For TCAP members: Zero. Zilch. Nada!
All the Latest Texas Electricity Market News — All the Time
From Hunt to NextEra to Berkshire Hathaway and now, maybe, to Elliott Management. That’s the line-up of successive suitors for Oncor Electric, the Dallas-based electric utility with 10 million Texas customers. The very profitable transmission-and-distribution company...read more
Thanks in large part to its repeated rate increases and customer growth, profits are up for CenterPoint Energy. That’s the word from the Houston Chronicle, which reported this week that its hometown electricity and natural gas distributor made profits of $135 million...read more
Average residential electricity prices in areas of Texas with retail electric competition have declined during a recent 10-year period, while simultaneously increasing in areas exempt from electric competition, according to a new report from the Texas Coalition for...read more
On June 23 — a hot day even by Texas standards — electrical consumption on the state’s main power grid spiked in quick succession to 66.7 gigawatts, 67.5 gigawatts and then to 67.7 gigawatts.. Each spike represented a new June record for peak power usage, and they all...read more
In Texas, gas utilities already reporting excessive profits frequently seek permission to charge their customers even more. But rather than rejecting those requests outright, regulators typically green light them with almost no questions asked. That dramatic finding,...read more
The Texas Legislature this year considered more than 6,600 bills. Of those, more than 5,800 died quiet deaths. Among the improbable survivors, however, was a bill our coalition supported — House Bill 931 — that we believe will lead to more hike-and-bike trails...read more
From the News Roundup
Aug. 17 -- The Railroad Commission of Texas assessed $949,983 in fines involving 323 enforcement dockets against operators and businesses at the Commissioners' conference earlier this week. The Commission has primary oversight and enforcement of the state's oil and...read more
Aug. 16 -- Port expansion plans, including widening the Corpus Christi Ship Channel, stand to increase oil and gas export capacity to 3 million barrels a day from the 1 million barrels currently being shipped from Port Corpus Christi. Texas Railroad Commissioner Ryan...read more
Aug. 17 -- Elliott Management, the hedge fund run by Paul Singer, is grasping at straws in its battle for bankrupt Energy Future Holdings. -- New York Timesread more