Creditors of Energy Future Holdings Corp. want the company to delay the auction of its prize Oncor electricity-transmission unit while all sides negotiate a reorganization plan for the bankrupt power producer.
The company today submitted the final proposed rules for the multistep auction to U.S. Bankruptcy Judge Christopher Sontchi. In November, the judge said he would approve the auction rules if they were modified to give dissenting creditors more of a role.
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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.