The Dallas-based parent of TXU Energy-Luminant is announcing a third quarter loss of $710 million. That compares to a $2.9 billion loss in the third quarter of last year.
Energy Future Holdings says that nearly half its third quarter losses stemmed from charges related to the Environmental Protection Agency’s Cross State Air Pollution Rule. Starting in January, the rule will require Texas power plants to cut emissions of nitrous oxides and sulfur dioxide.
Continue reading and listen on KUHF Houston public radio.
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.