Electric Reliability Council of Texas ERCOT

Grid operator issues power use alert

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The Electric Reliability Council of Texas is asking electric consumers to limit their electricity usage today during the peak hours between 3 p.m. and 7 p.m. The string of 100-degree-plus days led to record-setting power demand on three different days this month, most recently on Monday, according to ERCOT. Gov. Greg Abbott on Wednesday asked residents to conserve.
Bill Magness, current general counsel for ERCOT, will take over for retiring CEO Tripp Doggett. (ERCOT)

ERCOT names new CEO to lead the Texas power grid

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The ERCOT Board of Directors selected Bill Magness on Tuesday as its next president and CEO.
The Lake Hubbard Power Plant near Dallas, owned by Energy Future Holdings on Feb. 28, 2012. (Allison V. Smith/The New York Times)

Energy Future Holdings looks to unload Oncor to Hunt-led consortium

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Energy Future Holdings, which filed for bankruptcy protection more than a year ago, also owns Luminant power company and TXU Energy and has long considered selling Oncor in order to help right itself financially. Energy Future Holdings owns 80 percent of Oncor.
Tester and installer Anthony Villarreal installs CenterPoint Energyís millionth smart electric meter in February 2011. As of April 1, 2015, the company has installed more than 2.3 million throughout greater Houston, which have helped save more than a million gallons of fuel and avoided 9,500 tons of CO2 emissions.

CenterPoint earnings dip by more than 25 percent

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CenterPoint Energy, which also sells and distributes natural gas in much of the country, reported $1.53 billion in revenues for the quarter compared to $1.88 billion last year. The $77 million in net earnings, or 18 cents per share, compared to $107 million, or 25 cents per share, last year.
Dynegy CEO Robert Flexon is at the company's commercial desk. (Photo/James Nielsen)

Dynegy sees profits grow after power plant buying spree

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Dynegy reported a $388 million net gain, or $2.73 per common diluted share, compared to a loss of $123 million, or $1.23 per share, for the second quarter last year.
(Jason Alden/Bloomberg)

Texas electric grid breaks demand record, again

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On July 29, ERCOT asked Texas consumers to reduce their power use to reduce the chance of outages, though Jones said the electric grid has been able to provide capacity as high as 71,000 megawatts.
(Bill Montgomery/Houston Chronicle)

Power to Choose will help consumers filter out electricity plans charging “minimum use fees”

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So the Public Utility Commission of Texas will add an online filter to help consumers weed out such plans on the state’s Power to Choose website. Many of the seemingly cheapest plans include minimum use fees that increase rates when customers go above or below certain levels of electricity usage each month.
(Jason Alden/Bloomberg)

Texas grid operator asks consumers to limit electricity use after record-breaking demand on Wednesday

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Parts of the country, including Texas, were sweltering under a heat wave on Wednesday, with about 35 million people subject to heat advisories.
John Fainter, president and CEO of the Association of Electric Companies of Texas, poses in his offices Dec. 8, 2003, in Austin, Texas. (AP Photo/Harry Cabluck)

Longtime head of lobbying arm for Texas electric companies retires

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John Fainter, 76, who headed the Association of Electric Companies of Texas for 18 years, said he is retiring at the end of the year to spend more time with his grandchildren.
Electric Reliability Council of Texas ERCOT

Commentary: ERCOT Seeks Fee Increase

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ERCOT wants to increase its revenues — and it’s seeking another rate hike to make it happen.