The power provider said that it would purchase an 80% stake in Oncor from Energy Future Holdings.
The sale is part of EFH’s restructuring plan that is designed to help the company to exit bankruptcy.
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.