by OCSC | Aug 3, 2017 | Blog
Thanks in large part to its repeated rate increases and customer growth, profits are up for CenterPoint Energy. That’s the word from the Houston Chronicle, which reported this week that its hometown electricity and natural gas distributor made profits of $135 million...
by OCSC | Jun 15, 2017 | Blog
In Texas, gas utilities already reporting excessive profits frequently seek permission to charge their customers even more. But rather than rejecting those requests outright, regulators often green light them with almost no questions asked. That dramatic finding,...