Texas power giant Energy Future Holdings continues to report financial losses since filing for Chapter 11 bankruptcy protection in April.
In a filing in U.S. bankruptcy court Tuesday, the Dallas-based company reported more than $10 million in losses for August. Late summer, when temperatures usually soar above 100 degrees in Texas, is a time power companies typically record some of their largest profits of the year.
Keep reading at the Dallas Morning News.
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.