
BLOG: Electric Deregulation Bill Charges to Phase Out Soon
Cumulatively, the charges have totaled more than $6.6 billion. Utility customers — both home users or businesses — have had them included with their transmission and distribution rates.
Cumulatively, the charges have totaled more than $6.6 billion. Utility customers — both home users or businesses — have had them included with their transmission and distribution rates.
CenterPoint serves as the primary electric transmission and distribution utility and natural gas utility for Houston, its surrounding areas and for a large swath of the Texas Gulf Coast.
CenterPoint’s sale of a big natural gas retail asset closed earlier this month for substantially less than initially anticipated.
The move marks only the latest retreat from competitive markets for CenterPoint, which is best known for the regulated transmission and distribution networks it operates around Houston and the Gulf Coast.
Under a new law, the Texas Public Utility Commission now posts utility safety reports online.