Embattled electric company owner accepts penalty, ban

Embattled electric company owner accepts penalty, ban

Here’s a quick update about Proton Energy, the tiny Texas retail electric company who couldn”t. Staff at the Texas Public Utility Commission earlier accused Proton of being a serial rules violator. On Friday, the three commissioners approved a legal settlement...
TCAP Releases Updated History of Deregulation Report

TCAP Releases Updated History of Deregulation Report

It was with the promise of better prices and choices that state lawmakers in 1999 adopted the Texas electric deregulation law. Newly minted electric companies would compete for customers. In theory, market forces would keep a lid on bills. How has Texas fared since...
Question to Regulators: Is The Sky Falling?

Question to Regulators: Is The Sky Falling?

Is the sky falling? That’s what state Sen. Troy Fraser wants to know. The chairman of the Senate’s Natural Resources Committee told regulators during a meeting this week that they may be stirring up unwarranted anxiety about the risk in Texas of future blackouts....