New! TCAP Timeline Shows Major Milestones
A new timeline tells history of the Texas electricity market, from deregulation’s beginning, to phantom tax collections by utilities, to a recent drive by generators to secure multi-billion-dollar subsidies.
Legislative Deep Pockets: Electric Companies Comprise State’s Top Lobby Spenders
When it comes to paying for expensive legislative lobbyists, four of the top five biggest spenders during the most recent legislative session were electric companies. That’s the word from Texans for Public Justice, a campaign watchdog group, which also reported this...New Report: Oncor Collecting Millions of Dollars in Phantom Taxes
The financially beleaguered Energy Future Holdings has access to more than $500 million in “phantom taxes” paid by Oncor’s customers since 2008. EFH can access the money to stave off creditors.
Electric Violation Rate Increases, Senator Proposes Reform
State Sen. Wendy Davis of Fort Worth has filed Senate Bill 602 to make electric company complaint and violation data more easily available for online inspection.