Electricity, but at what cost for Texas?

By: Star-Telegram |

What the Public Utility Commission of Texas started on Friday could become the most fundamental change to the state’s electricity market since the restructuring set up by the Legislature in 1999.

The “deregulated” market created by lawmakers 14 years ago will return to regulation, at least to a small but significant degree, […]

2015-05-07T15:37:35-05:00October 30th, 2013|Texas Market|

Power grab could cost consumers

By: John Finnerty |

A proposed bill introduced in the Senate earlier this month would automatically switch the power company for millions of people in Pennsylvania.

The author of the bill, Sen. Robert Mensh, R-Montgomery County, argued that the move could generate $370 million to the state from payments made by companies bidding to pick up […]

2015-05-07T15:37:35-05:00October 30th, 2013|Pennsylvania Market|

Power Prices Drop From Pennsylvania to Washington on Demand Cut

By: Harry R. Weber |

Spot wholesale electricity prices in PJM Interconnection LLC’s Western hub fell as mild weather cut demand on the largest U.S. power network.

Use in the the 13-state region, which includes Washington, Philadelphia and Chicago, averaged 91,069 megawatts during the hour ended at 10 a.m., down 2.7 percent from the same time yesterday, according […]

2015-05-07T15:37:35-05:00October 29th, 2013|New Jersey Market, New York Market, Pennsylvania Market|

Bankruptcy looms over EFH as debt payment nears

By: JAMES OSBORNE |

The clock is ticking at Energy Future Holdings.

After months of negotiations with its myriad of Wall Street creditors, all eyes are on a $270 million debt payment the North Texas electricity giant is scheduled to make Friday.

Does Energy Future finally call it quits and file for Chapter 11 bankruptcy protection, conceding […]

2015-05-07T15:37:35-05:00October 29th, 2013|Texas Market|