PUC Expert: Proposal for Oncor Not in Public Interest

PUC Expert: Proposal for Oncor Not in Public Interest

Without substantial changes, a proposed deal to transfer the state’s largest transmission and distribution utility to an out-of-state company should be rejected, according to Texas regulatory staff and others. At issue is the proposed sale of Oncor, the massive north...
Proposed Oncor Deal Could Lead to Higher Rates

Proposed Oncor Deal Could Lead to Higher Rates

Oncor customers: is there a rate hike in your future? That’s the big question on the minds of some utility watchers as a deal draws near to transfer ownership of Oncor to Florida-based NextEra. “It’s obviously a concern,” said Geoffrey Gay, an attorney monitoring the...
Proposed Oncor Deal Could Lead to Higher Rates

Key Objections Lifted to Oncor Acquisition

A key regulatory stumbling block that could have stymied a multi-billion-dollar deal for the state’s largest electric utility appears to have been overcome. However, other challenges remain. At issue it a bid by Florida-based NextEra to purchase Oncor, which serves...