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Tax Changes lead to One Third of a Billion Dollars in Reduced Rates

Tax Changes lead to One Third of a Billion Dollars in Reduced Rates

Aug 24, 2018 | Legislative Watch

One third of one billion dollars — that’s the value of rate reductions so far approved by Texas electric utility regulators as a consequence of the 2017 Tax Cuts and Jobs Act. Adopted last December, the federal tax law reduced corporate liability from 35 percent to 21...
PUC Green Lights Smart Meter Texas 2.0, Expected Live in 2020

PUC Green Lights Smart Meter Texas 2.0, Expected Live in 2020

Jun 4, 2018 | Legislative Watch

Underutilized, expensive and with limited functionality, Smart Meter Texas always was meant to encourage energy-saving technology — but it never lived up to its promise. Now, however, the state-sponsored website for electricity consumers is getting a top-to-bottom...
TCAP REPORT: Despite Price Gap, Deregulated Market Shows Gains

TCAP REPORT: Despite Price Gap, Deregulated Market Shows Gains

May 17, 2018 | Industry News

Average residential electricity prices in areas of Texas with retail electric competition declined during a recent 10-year period, while average prices in deregulation-exempt areas increased. And although residential electric prices in areas with retail electric...
City Group Urges Reform of Controversial Gas Rate Hike Program

City Group Urges Reform of Controversial Gas Rate Hike Program

Apr 20, 2018 | Legislative Watch

Reform — that was the message delivered this week to Texas lawmakers considering the future of the much maligned Gas Reliability Infrastructure Program. Known also as “GRIP,” the program allows Texas gas utilities to increase rates once a year, but without any...
Oncor Seeks PUC Permission to Add to Home Electric Bills

Oncor Seeks PUC Permission to Add to Home Electric Bills

Apr 12, 2018 | Industry News

In paperwork filed this month at the Texas Public Utility Commission, Oncor, the electric utility serving customers around Dallas and Fort Worth, has indicated its intention to increase rates by $19 million annually. In seeking the increase, Oncor has invoked...
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