CERAWeek: Power exec exhorts Texans to use less electricity

Donald Evans, Chairman of Energy Future Holdings Corp., the company most of us knew as TXU Energy, said “We want more Texans to use less electricity.”
The company will spend $400 million over 5 years on such efficiency efforts. Where’s it going?
First, here is how EFHC is split up into three businesses: Luminant, the wholesale power business; Oncor, which owns the power distribution system in much of North Texas; and TXU Energy, the retail electric business.
The PowerMonitor is a tool TXU retail customers have been using in-home that give them information about their power usage in real-time, Evans said.
And the company is rolling out so-called Smart Meters, that let it control the grid more efficiently and deliver pricing data to customers. 600,000 such meters have been installed by the Oncor business, he said.
Luminant is also investing in a lot of wind business.