rules require the fixed fuel charge on customer's bills to be changed bi-annually each September and March.
InfraREIT Inc (NYSE:HIFR) on Thursday declared that the Public Utility Commission of Texas (PUCT
) has approved the company's acquisition by Oncor Electric Delivery Company LLC.
approval was the final regulatory approval needed to complete the transactions.
sets rates on a cost-of-service basis with the opportunity for capital recovery outside of base rate proceedings through annual or semi-annual clause mechanisms.
We can resolve this paradox by introducing revenue sources that are excluded from the PUCT
's calculation but are relevant for profitability.
Centrica has asked the PUCT
for authority to market electric services to residential and small commercial customers in all deregulated areas of Texas, including the previous service territories of Reliant, TXU Electric, Central Power & Light, West Texas Utilities and Texas-New Mexico Power.
The sale is subject to customary closing conditions, including approvals from the Federal Energy Regulatory Commission, the Public Utility Commission of Texas (PUCT
) and the Committee on Foreign Investment in the United States (CFIUS).
LCRA TSC is a regulated utility, subject to Public Utility Commission of Texas' (PUCT
) rate approval.
Over the ensuing six months, Sempra Energy obtained all required regulatory approvals, including from the Public Utility Commission of Texas (the "PUCT
"), whose rulings with respect to two prior proposals to acquire the EFH Debtors' 80 percent stake in Oncor had resulted in those transactions not closing.
Oncor Electric Delivery Company and Sempra Energy announced that the Public Utility Commission of Texas, or PUCT
, approved an order authorizing the joint Change-in-Control application filed by Oncor and Sempra Energy, representing the last regulatory approval necessary for Sempra Energy to complete its pending acquisition of Energy Future Holdings, including EFH's indirect, approximate 80% ownership of Oncor.
Anderson said he could not comment on the lawsuit, but added that if the allegations were credible, "it's outside the purview of the PUCT
The contracts are being signed for transmission and infrastructure services associated with the Competitive Renewable Energy Zone (CREZ) projects assigned to ETT by the Public Utility Commission of Texas (PUCT