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What's even more worrisome is that summer is coming, and that usually means rolling blackouts. I wonder how this will affect all of their customers. I know comp
by endersshadow 12y ago
What's even more worrisome is that summer is coming, and that usually means rolling blackouts. I wonder how this will affect all of their customers. I know companies like Green Mountain and others lease from Oncor, and put their power back into the grid elsewhere. Does anybody understand the electricity/utility business enough to explain how this will affect Texans?
I also wonder how Texas's emerging reliance on wind power affected this, too. It may be a very good thing, as Texas has a very high percentage of power coming from wind.
- tvjunky 12y agoThis will certainly have no impact on power generation in TX. TXU transitioned all of it's generation / distribution to Luminant / Oncor as part of the buyout. Since TX is deregulated, TXU was a retailer of electricity. I would imagine this will boost sales for the many competitors that have sprung up in recent years.
- endersshadow 12y agoIn the article, it mentioned that Oncor was Energy Future's electricity arm, and that it would "probably be split" from its power-generation business, hence my question. Is Oncor not part of Energy Future Holdings?
- tvjunky 12y agoTo my knowledge Oncor is not part of EFH. Though I could imagine they were left with some kind of stake after the split. More specifically though, Oncor is only the delivery side. Basically meaning, meters and maintenance. Retail providers contact Oncor to have service started. Oncor then send back usage data which the retail side use to bill the customer. If there is a problem, say a line down, Oncor will dispatch the technician.
- vonmoltke 12y agoEFH has a partial interest in Oncor.