by OCSC | Aug 27, 2020 | Blog, Electric Consumers, Rates
Several major utilities filed applications at the PUC to adjust charges associated with their electric distribution systems. ________________________________________________ Ratepayers in many parts of Texas should expect to pay a bit more for electricity, beginning...
by OCSC | Aug 10, 2020 | Blog, Electric Consumers
Cumulatively, the charges have totaled more than $6.6 billion. Utility customers — be they home users or businesses — have had them included in their transmission and distribution rates for years. ________________________________________________ Hundreds of thousands...
by OCSC | Jul 10, 2020 | Blog, Rates, Utility News
New CenterPoint CEO said to prioritize shareholders, regulators. ________________________________________________ The new CEO of Houston’s CenterPoint Energy will receive a base salary of $1.35 million per year, plus a sign-on equity stock award valued at $1 million,...
by OCSC | Jul 2, 2020 | Utility News
Former Halliburton CEO also served on CenterPoint Board of Directors. ________________________________________________ Former Halliburton CEO David Lesar has taken the reins of CenterPoint Energy, the Houston-based energy company beset in recent months by falling...
by OCSC | May 26, 2020 | Blog
Houston-based CenterPoint Energy, a company best known for its massive regulated holdings in Texas, this week shutdown a contentious website it operated in the state’s deregulated electricity market. The move marks only the latest retreat from competitive...
