Report: TXU Manipulated Power Market
DALLAS - - TXU Corp. manipulated the Texas electric market in 2005, costing consumers $70 million and giving the utility $20 million in extra profits, according to an outside expert whose report was released by state regulators Monday.
Related News
Hot Houston summer and cold winter set new electricity records
HOUSTON - Last year's Houston cold winter and hot summer drove power use to record levels, especially among households that rely on electricity for air conditioning.
Electricity generation increased 4 per cent nationwide in 2018 and produced 4,178 million megawatt hours, surpassing the previous peak of 4,157 megawatt hours set in 2007, the Energy Department reported.
U.S. households bought 6 percent more electricity in 2018 than they did the previous year, reflecting the fact 87 percent of households cool their homes with air conditioning and 35 percent use electricity for heating.
Electricity sales to the commercial sector increased 2 percent in 2018 compared…
