Former power providers face hefty fines
TEXAS - Two former electric providers face nearly $3.7 million in penalties for not properly advising Texas regulators that they were ceasing operations in 2008.
The Public Utility Commission approved enforcement orders against National Power Co. Inc. of Houston and Pre-Buy Electric LLC of Grapevine.
National Power must pay a $1.8 million fine. Pre-Buy Electric was ordered to pay almost $1.9 million. Both also must refund all customers deposits and prepayments.
The commission approved a preliminary order against HWY 3 MHOP also known as eTricity, of Denton, with a recommended penalty topping $1.4 million.
The company is accused of failing to notify regulators and customers of its intent to cease operations.
Related News
Starved of electricity, Lebanon picks Dubai's ENOC to swap Iraqi fuel
BEIRUT - Lebanon's energy ministry said it had picked Dubai's ENOC in a tender to swap 84,000 tonnes of Iraqi high sulphur fuel oil with 30,000 tonnes of Grade B fuel oil and 33,000 tonnes of gasoil.
ENOC won the tender, part of a deal between the two countries that allows the cash-strapped Lebanese government to pay for 1 million tonnes of Iraqi heavy fuel oil a year in goods and services.
As Lebanon suffers what the World Bank has described as one of the deepest depressions of modern history, shortages of fuel this month have meant state-powered electricity has been available…
