Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, August 12
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»Politicians take aim at Texas utility after power crisis
    Utilities

    Politicians take aim at Texas utility after power crisis

    July 16, 20242 Mins Read


    He has given utility company CenterPoint until the end of the month to offer an explanation. 

     

    “The communications component of CenterPoint is unacceptable,” Abbott told reporters Sunday. “Corrections are coming, whether they like it or not.”

     

    Democratic lawmakers have also called for scrutiny.  Rep. Sheila Jackson Lee (D-Texas), sent a letter Friday to the Department of Justice (DOJ) asking for a federal investigation of CenterPoint. 

     

    In her letter to the DOJ, Jackson Lee, offered a list of some of the company failures reported in local media:

    • A generator hold message
    • Reports of workers “sitting idly in fully equipped trucks and not responding to calls”
    • Pervasive “inconsistencies and inaccuracies” faced by customers seeking updates of when their power would be back on. 

    She asked federal officials to investigate the company’s “inability to appropriately and effectively provide life-saving utility services its customers rely on.”

     

    Jackson Lee warned that “without urgent action, and the threat of additional storms ahead, Texas could be on the verge of … deadly and costly mass casualties” driven by the combination of power failures and extreme heat.

     

    Abbott and Lt. Gov. Dan Patrick (R), who have broadly opposed federal oversight, called on the state’s own Public Utilities Commission (PUC) to look into whether CenterPoint was “penny-pinching and cutting corners.”

     

    In an meeting of the PUC, Chair Thomas Gleeson (R) suggested CenterPoint’s great failure had been its outreach. 

     

    “The infrastructure is gonna break; things are gonna happen,” Gleeson told CenterPoint officials. “But if people feel they’re being effectively communicated with, it makes it a lot easier to go through it. And so I’d say, get out in the community and go talk to your customers.

     

    CenterPoint has pointed to the storm’s surprising and protracted strength.

     

    “This hurricane moved over the entirety of our system, it didn’t brush by a portion of it,” CEO Jason Wells told The Houston Chronicle.

     

    Wells said he was “proud” of CenterPoint’s investments before the storm and its quick work after.

     

    Bringing back power to more than 1 million people “within effectively 48 hours of the storm’s passing is faster than what many of our peers have seen in the past 10 named storms,” he added. 

     

    Read more from our colleague Saul Elbein at TheHill.com.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleAnalyst Explains Why The Next Bull Run Will Be “Crazier”?
    Next Article Council considers ‘taking over’ unlicensed privat…

    Related Posts

    Utilities

    InvoiceCloud and Hansen Technologies Partner to Unite Billing and Payments for Utilities

    August 11, 2026
    Utilities

    Utilities Up as Treasury Yields Give Back Some Gains – Utilities Roundup

    August 11, 2026
    Utilities

    DEF CON hackers launch Water Watch Center to defend small water utilities

    August 10, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Commodities

    Crude oil gains as G7 plans tougher measures on Russian oil trade

    October 2, 2025
    Bitcoin

    MicroStrategy Cash Flow Raises Some Eyebrows Amid Bitcoin Rally

    August 1, 2024
    Bitcoin

    Analyse: Bitcoin pourrait atteindre 120 000 $ en juillet au milieu de la maturité du marché BTC

    July 4, 2025
    What's Hot

    Ford considers investing $400M for EV component production in Kentucky

    July 12, 2024

    Dutch finance minister pledges asset tax rethink after protests

    February 25, 2026

    Vatican ‘let down’ by financier in London property deal, High Court says

    February 21, 2025
    Most Popular

    Expedia shares surge on report Uber considered potential bid By Investing.com

    October 17, 2024

    Commodities Are Undervalued, Underowned and the Upside Potential Could Be Enormous

    June 22, 2026

    Citi says buy the pullback in memory stocks as upcycle is still in early innings By Investing.com

    August 6, 2026
    Editor's Picks

    Here’s the Average Stock Market Return in the Last Decade and What Wall Street Expects in 2026

    January 9, 2026

    Utilities Up on Strong Earnings — Utilities Roundup

    July 31, 2025

    Developers have spent £3.5 billion buying unloved office blocks across the UK in the past 3 years

    May 26, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.