July 31 — The Texas law that deregulated the state’s power market set up three distinct areas: generation and retail sales, both which invite companies to compete for shares of these markets, and distribution, which is controlled by a single utility in each market. The state Public Utility Commission oversees distribution utilities, such as CenterPoint in Houston and Oncor in Dallas, limits the profits they can earn from their monopoly operations and mostly prohibits them from directly participating in the other sectors.
You are here:
Home / News Roundup / Houston Chronicle: CenterPoint: Monopoly utility or competitive power seller? A little bit of both, it turns out
Subscribe To Our Newsletter
Each month, TCAP sends out an e-newsletter covering major events in Texas electricity and advances in public policy. Sign up for the newsletter and check out old newsletters to get caught up on Texas energy.