Texas Regulators Want Utility Rates to Reflect Tax Savings
Gas and electric ratepayers in Texas could see their utility bills go down — or at least not increase as much as they might have otherwise — as a result of tax legislation recently adopted by the U.S. Congress. Leaders at both the Texas Public Utility Commission and...
Will Mexico Developments Undercut Authority over ERCOT?
ERCOT is an island unto itself — that is, unless the Federal Energy Regulatory Commission takes over. And that at least remote possibility has captured the attention of the state’s top utility regulator. “I’m very, very concerned about it,” said Public Utility...
$105 Million Settlement in Market Manipulation Case
$105 million — that’s how much Barclays Bank and several former energy traders will pay after being accused by federal regulators of improperly manipulating electric prices in California during 2006 and 2008. Although less than the $487.9 million originally sought,...
JP Morgan settles with regulators in market abuse case
A penalty to be paid by JP Morgan Chase for alleged improper activities in the electricity markets in California and the Midwest dwarfs anything every assessed in Texas.