Texas electricity complaints at lowest level since deregulation, report says

By: Fort Worth Business Press |

Electric consumer complaints have dropped for the fourth consecutive year in Texas and are at the lowest level so far under the state’s electric deregulation law, according to a newly released analysis of regulatory data by the Texas Coalition for Affordable Power.

“The decline in customer complaints comes as […]

2015-05-07T15:43:48-05:00September 30th, 2013|Texas Market|

Market Summary: 23 Sep – 27 Sep 2013

The following is a summary of last week’s market activity and the market outlook:

  • Last week was a week of solid declines (all five days–or nine days in a row if you include Monday morning declines of another 7 cents), which offset the previous week’s gains.  The market traded within its recent range and fell due […]
2015-05-07T15:37:56-05:00September 30th, 2013|Market Watch|

Market monitoring, inspections to continue if government shuts down: US FERC

By: Bobby McMahon |

In the event of a US government shutdown October 1, the Federal Energy Regulatory Commission said Friday it could furlough roughly 95% of its staff and contractors, while maintaining efforts to ensure grid reliability and prevent market manipulation.

“If FERC has a lapse in appropriations, FERC will do an orderly shutdown of […]

2015-05-07T15:37:56-05:00September 30th, 2013|National Market|

Natural Gas Slides as Demand Remains Muted

–Natural gas slides as weather patterns keep demand muted

–EIA reported big jump in natural gas inventories

–Expiration book-squaring behind Thursday rally: analysts

By: Dan Strumpf |

Natural-gas futures headed lower Friday, as traders focused on weather patterns that suggest weakening demand for the fuel in the coming weeks.

Natural gas for November delivery recently declined 2.3 cents, or […]

2015-05-07T15:37:56-05:00September 30th, 2013|National Market|

PUC to study electricity rate hike

By: Megan Harris |

The Pennsylvania Public Utility Commission voted on Thursday to investigate Duquesne Light Co.’s request to increase its electricity distribution rates by 17.6 percent — worth about $76.3 million annually to the utility.

If the request is approved, the average residential customer who doesn’t have electric heat will pay about $8 more […]

2015-05-07T15:37:56-05:00September 27th, 2013|Pennsylvania Market|