Apr 24, 2009 | Industry News
It’s no longer a secret that the Texas electric market has led to skyrocketing electric bills. Texas consumers have gone from paying rates below the national average to prices well above it. What’s interesting, however, is that this trend appeared to have been...
Apr 24, 2009 | Industry News
If you were ever in doubt about the energy lobby”s influence in Austin, just check out a new report from the National Institute on Money in State Politics. According to the organization, Energy Future Holdings, the parent company of TXU, made $869,050 in Texas...
Apr 23, 2009 | Industry News
New nuclear construction will likely cost consumers much more than advertised, according to a new report from Public Citizen. The report, entitled Costs of Current and Planned Nuclear Power Plants in Texas, notes that while industry supporters like to point to the low...
Apr 21, 2009 | Industry News
New data from the Association of Electric Companies of Texas confirms what consumers have known for a long time – that Texans are getting a raw deal under electric deregulation. According to a recent telephone survey by the industry trade group, the 10 lowest cost...
Apr 15, 2009 | Industry News
For a key lawmaker in Pennsylvania, the Texas electric deregulation experience has become an example of what not to do.According to Camille George, the majority chair of a key committee in Pennsylvania’s House of Representatives, utility representatives in his state...
Mar 3, 2009 | Industry News
Statement of CAPP general counsel Geoffrey Gay relating to NRG’s announced acquisition of Reliant. Today’s announcement that electric generation giant NRG will acquire Reliant’s retail business for $388 million could spell more trouble for consumers. The Texas...