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TCAP Current
Issue 39 | January 2018
Last month I told you about efforts to ensure Texas ratepayers get their fair share of savings from new federal tax cuts. This month I provide a few more details. I’ve also included what may be my final update on the long, tortuous process to sell Oncor, the state’s largest transmission and distribution utility. Keep reading for those stories, plus quick news from the Texas Public Utility Commission.

Texas Utilities Begin Providing Details about Including Tax Savings in Rates

Responding to requests from regulators, Texas electric and gas utilities have begun filing paperwork showing how they’ll pass along savings from new federal tax cuts. But one complicating factor involves billing to customers who receive service from competitive retail electric providers.

Multi-Billion-Dollar Oncor Sale to Sempra Gets Final PUC Approval

Amid applause and thank yous to gathered staff, the Texas Public Utility Commission signed off this month on a multi-billion-dollar offer by California-based Sempra to acquire Dallas-based Oncor, the state’s largest transmission and distribution utility. The decision marks the end of a years-long saga that began with the bankruptcy of Oncor’s erstwhile parent company, Energy Future Holdings.

ERCOT Predicts Peak Electric Usage this Summer

Predicted record-breaking electricity usage and tightening power reserves could make for a challenging summer for ERCOT, the Texas grid operator.

Commissioner Marquez Steps Down

Texas Public Utility Commissioner Brandy Marty Marquez announced this month that she will be leaving the agency, effective April 2. Marquez first came to the PUC in 2013 and currently is its longest-serving commissioner.

Lubbock Power & Light

The PUC in March approved a request by Lubbock Power & Light to join ERCOT. The decision sets the path for Lubbock to become the first major Texas city to integrate into ERCOT since the state created retail deregulation more than 20 years ago.

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About TCAP

Want to find out more about the Texas Coalition for Affordable Power? Check out our website. You also can learn more about the state's deregulated electricity market by checking out the in-depth reports at TCAPTX.com.

Email TCAP policy analyst R.A. Dyer at rdyer@tcaptx.com for more details.

If you have any questions about this newsletter or have a news tip, feel free to contact TCAP policy analyst R.A. "Jake" Dyer. He can be reached by email at rdyer@tcaptx.com.


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