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PUC, ERCOT Board Adopts Controversial Governance Change for Texas Power Grid

PUC, ERCOT Board Adopts Controversial Governance Change for Texas Power Grid

by OCSC | Feb 1, 2023 | Blog, ERCOT

The changes drew near unanimous opposition from the electric industry, consumer and environmental stakeholders that historically help set policy at ERCOT. ________________________________________________ ERCOT stakeholders had their supervisory authority significantly...
PUC, ERCOT Board Adopts Controversial Governance Change for Texas Power Grid

ERCOT Report Finds Increased Costs Associated with ORDC Price Adder System

by OCSC | Nov 11, 2022 | Blog, ERCOT

The average ORDC adder for 2022 equaled $6.33 per megawatt hour, which is more than 12 times higher that the average adder for 2021, excluding that associated with Winter Storm Uri. ________________________________________________ An ERCOT-administered system that...
Settlement with ERCOT Reached in $1.9 Billion Brazos Electric Coop Bankruptcy Case

Settlement with ERCOT Reached in $1.9 Billion Brazos Electric Coop Bankruptcy Case

by OCSC | Nov 9, 2022 | ERCOT, Utility News

The settlement calls for the Waco-base cooperative to promptly repay $600 million it owes ERCOT, and to repay various ERCOT market participants over time ________________________________________________ Brazos Electric potentially would repay the entirety of its $1.9...
Oncor Credits Increased Rates, Customer Growth, Other Factors for 3Q Revenue Increase

Oncor Credits Increased Rates, Customer Growth, Other Factors for 3Q Revenue Increase

by OCSC | Nov 4, 2022 | Blog, Oncor

Oncor credits a $60 million revenue increase for the quarter to higher transmission and distribution rates and other factors. ________________________________________________ Oncor Electric has reported net income of $318 million during the three months ending...
Settlement with ERCOT Reached in $1.9 Billion Brazos Electric Coop Bankruptcy Case

New Law that Could Determine Pace of Transmission Approvals inside ERCOT Divides Lawmakers

by OCSC | Oct 17, 2022 | ERCOT, Texas Legislature

SB 1281 directs the PUC to consider congestion cost savings when approving transmission line construction. ________________________________________________ Senate Bill 1281 — adopted last year by the Texas Legislature — includes various energy-related provisions, but...
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