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Electricity

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Commentary: Oncor to Change Owners? Two BIG Reasons Why It Matters

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If Oncor raises rates, more than 3 million Texas customers feel it. If Oncor can’t serve those homes and businesses, there’s nowhere else for them to turn.
(AP Photo/Matthew Brown, File)

Nearly $8 billion deal to create second largest U.S. utility company

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The combined business will include 11 regulated electric and natural gas distribution companies, serving approximately 9 million customers.
(Bill Montgomery/Houston Chronicle)

Electric deregulation is saving Texas money, but it took a decade for consumers to reap the benefits

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While Texas residents first began saving in 2012 compared with the national average, the typical Texas household paid $4,800 more than Texans living outside the competitive electricity market since deregulation took effect, according to the Texas Coalition for Affordable Power.
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.
(Bill Montgomery/Houston Chronicle)

Texas breaks another record for power use for the second time in two days

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The Electric Reliability Council of Texas, which runs the state’s electric grid, said the preliminary estimate for power demand during that hour was the highest it has ever recorded.
(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.
NRG Energy Inc. Vice President Nuclear Oversight, James von Suskil speaks during a scheduled refueling outage on Unit 2 at the South Texas Project nuclear power facility Thursday, April 2, 2015, in Wadsworth.
( James Nielsen / Houston Chronicle )

NRG stock drops sharply after earnings loss

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NRG’s stock briefly dipped below $20 a share Tuesday for the first time since 2012 but jumped back up in the afternoon.
(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.
A gas flare is seen in an aerial view in the early morning hours of July 30, 2013 near Watford City, North Dakota. (Photo by Andrew Burton/Getty Images)

Industrial natural gas use to continue to grow quickly, EIA says

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New plants coming online are set to drive industrial natural gas growth forward by more than three percent in the next two years, the U.S. Energy Information Administration said in an analysis Wednesday.
(AP Photo/Paul Sakuma)

Calpine to acquire Champion Energy for $240 million

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Calpine, one of the nation’s top power generators, will acquire Houston-based Champion and its 180 employees, all of whom will make the switch. Champion has 2.5 million residential customers, many in Texas, and 18,000 commercial and industrial customers.