Dallas-based Energy Future Holdings, the former TXU Corp., is plagued by enormous debt and low natural gas prices as it struggles to survive.
EFH is the parent company of power generator Luminant, electric transmission and distribution firm Oncor and retail electric provider TXU Energy.
Click here for the Reuters report.
–Jack Z. Smith
Source: Fort Worth Star-Telegram
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.