Houston’s main electrical company backed off plans to raise rates after facing sharp criticism for its response to massive power outages after Hurricane Beryl.
Texas Public Utility Commission
Posted in
Energy
Texas regulators shelve an electricity market reform proposal they say does too little to shore up grid
The Public Utility Commission found that the performance credit mechanism, a financial tool the Legislature capped at $1 billion, would only marginally improve reliability of the state power grid.
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Energy
Crypto miners must register with state and reveal power usage under new Texas rule
The Public Utility Commission of Texas adopted the rule amid surging demand for power across the state and a growing crypto mining industry in Texas.
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Guides
Public Utility Commission releases investigative report on CenterPoint Energy’s Hurricane Beryl response
The company’s power outages in July have drawn the ire of state leaders. Here’s what you need to know.
Posted in
Energy
Lt. Gov. Dan Patrick says Legislature will review Deloitte’s contracts after public loan project scandal
The examination of Deloitte’s existing contracts comes after it failed to catch red flags in a company’s application for a loan to build or upgrade power plants in the state.
Posted in
Energy
Texas lawmakers question agency’s ability to oversee $5 billion energy loan program after initial glitch
Lawmakers tasked the Public Utility Commission with overseeing the Texas Energy Fund, though the agency has no experience running a loan program.
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Energy
CenterPoint CEO promises improvements as Texas scrutinizes company’s Beryl response
Jason Wells told regulators the company will launch a new outage tracker by Aug. 1. It will also trim more tree limbs near power lines and hire an executive to focus on emergency response.
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Hurricane Beryl
Why Texas’ mass power outages continue to happen
Repairing electricity infrastructure after storms usually costs customers. So could strengthening it before the next weather event.
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Hurricane Beryl
Abbott reprimands CenterPoint and calls for an investigation into the utility’s response to Beryl blackouts
Abbott demanded that the utility company produce a plan by the end of July outlining how it will improve power reliability ahead of future storms.
Posted in
Hurricane Beryl
CenterPoint exudes chaos, but also appears to be restoring power faster than it previously has
According to state filings, the utility is restoring power at a relatively quicker pace than after prior storms. Texans are still fed up.
