Energy Future Holdings has lost almost $21 billion since it bought TXU Corp. in 2007. After the company filed for bankruptcy last week, bond investors will lose billions, too.
But most ratepayers in Texas needn’t worry. It’s not their problem.
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.