by OCSC | Aug 28, 2018 | Blog
AEP Texas wants to increase electric rates by $415 million — money the utility says it needs to cover the costs for repairing electric lines, poles and transmission facilities around the Gulf Coast after Hurricane Harvey. The south Texas utility made the request in...
by OCSC | Jun 27, 2018 | Blog
The California-based company that recently acquired Oncor is under review for a potential credit downgrade — in part because of its purchase of the Texas utility. Oncor is the largest electric utility in Texas. In April it was acquired by California-based Sempra...
by OCSC | Mar 8, 2018 | Blog
Oncor, the state’s largest transmission and distribution utility, will soon have new owners. Amid applause and thank yous to gathered staff, the Texas Public Utility Commission on Thursday signed off on a multi-billion dollar offer by California-based Sempra to...