May 18 — To little surprise, the Public Utility Commission (PUC) of Texas recently rejected the acquisition bid NextEra Energy made for Oncor, a company that transmits power to about 3.4 million Texans. The PUC indicated well ahead of time that it would reject the deal. NextEra knew what concessions it would need to make to have the deal approved. But NextEra stood firm.
Original article by: Shawn McCoy
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.