News from TCAP

What’s Next for Oncor Electric?

What’s Next for Oncor Electric?

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...

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CenterPoint Profits, Rates On The Rise

CenterPoint Profits, Rates On The Rise

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...

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New June Energy Records Set for Texas

New June Energy Records Set for Texas

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...

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News Roundup

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