Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, July 1
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»PUC seeks feedback on utility performance
    Utilities

    PUC seeks feedback on utility performance

    August 9, 20243 Mins Read


    Special to the News-Times 

    AUSTIN — The Public Utility Commission of Texas encourages consumers in the Greater Houston area to share their experiences with power outages and utility performance during the May 2024 derecho and Hurricane Beryl. 

    To share their experiences, Texans can use a questionnaire linked on the PUCT’s homepage. The questionnaire is available in English and Spanish and only takes about five minutes to complete.

    “The most important people in our investigation into the preparedness and response to these devastating storms are the Texans who experienced these storms firsthand,” said PUCT Executive Director Connie Corona. “We want to hear from you, whether you lost power during these storms or not. The information you provide will guide us in making changes to prevent a disaster of this scope in the future.”    

    Nearly 1 million Texans lost power in May 2024 following the derecho. Hurricane Beryl stormed through the Greater Houston area as a Category 1 storm on July 8, leaving more than 2.6 million Texans without power. 

    At the direction of Gov. Greg Abbott, the PUCT is investigating the preparedness and response by utilities in the Greater Houston area to these extreme weather events. The PUCT must submit its findings with recommendations by Dec. 1.

    The public can view Gov. Abbott’s directive and public documents related to the investigation through the PUCT’s Interchange website under Project No. 56822.

    Meanwhile, Lt. Gov. Dan Patrick sent a letter to the PUC urging them to claw back $800 million of ratepayer money from CenterPoint. 

    Upon sending the letter, Patrick said in a statement: “As promised, here is the letter I sent to the PUC urging them to claw back $800 million of ratepayer money from CenterPoint. I remain committed to fighting on behalf ratepayers to ensure they do not pay for CenterPoint’s mismanagement.”

    In the letter, Patrick urged the Public Utility Commission of Texas to conduct an immediate review of CenterPoint Energy’s Temporary Emergency Electric Energy Facilities Rider.

    Patrick’s letter states that utility companies can lease mobile generation units for use during emergencies causing large-scale power outages, such as severe storms or hurricanes to quickly get power to critical facilities following a major emergency. 

    It states that while several firms, including AEP and Oncor, leased small mobile generators, CenterPoint deviated from this approach, instead appearing to choose to prioritize profits over effectiveness. Rather than leasing small mobile generators as intended by the legislation, CenterPoint squandered $800 million of ratepayer funds on massive non-mobile generators while spending only .000625% of that amount on what the legislation called for and would have actually helped their customers in the aftermath of Hurricane Beryl. 

    As a result, CenterPoint was forced to borrow small mobile units from other firms while the large non-mobile generators sat idle. 

    During the recent Senate Special Committee on Hurricane and Tropical Storm Preparedness, Recovery, and Electricity hearing, it was revealed that CenterPoint’s strategy of leasing these large generators will result in at least $30 million in profits, despite providing limited to no benefit during over 99 percent of emergencies, the letter states.

     



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCleanSpark Reports Third Quarter FY2024 Financial Results
    Next Article Chesapeake Utilities reports growth and reaffirms guidance By Investing.com

    Related Posts

    Utilities

    U.S. Utilities Face Peak Demand Uncertainty With Data Center Boom

    July 1, 2025
    Utilities

    Bourse de Milan en Baisse lors de la Première Séance du Nouveau Semestre, Mediobanca Glisse, les Utilities Résistent

    July 1, 2025
    Utilities

    West Palm Beach Utilities Director responds to water pressure issues on Palm Beach

    June 30, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Action Ganglong China Property Group Limited | Cours 6968 Bourse Hong Kong S.E.

    July 31, 2007

    les fondamentaux de l’or restent bons

    September 4, 2007

    les fondamentaux de l’or restent bons

    September 4, 2007
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Utilities

    CenterPoint Energy finalise la vente de Louisiana and Mississippi Gas Utilities à Bernhard Capital Partners

    April 1, 2025
    Bitcoin

    Le bitcoin pourrait augmenter à 120 000 $, voici 4 facteurs augmentant le cas pour une BTC Bull Run

    June 24, 2025
    Stock Market

    Virtualware sera admise sur sur Euronext Growth Paris le 19 juin, après avoir obtenu l’accord du marché

    June 16, 2025
    What's Hot

    Bitcoin Could Crash to $48,000 if This Support Level Crumbles, Says Crypto Analyst

    August 14, 2024

    China ups efforts to combat IP violations in 2024

    April 25, 2025

    Bitcoin Price Is Trying To Break 200-MA That Led To Parabolic Surge In The Past, Will It Succeed Again?

    October 15, 2024
    Most Popular

    Stock market today: China mainland shares rise on rate cut

    October 21, 2024

    Big Michigan utilities just won rate increases. They’ll soon be ‘back asking for more’

    April 4, 2025

    Scaramucci réagit à un autre milliardaire Bitcoin

    June 15, 2025
    Editor's Picks

    CCRIF makes first parametric payouts to utilities, in Grenada after Beryl

    July 22, 2024

    Travis County property tax rates set for upcoming tax season

    October 11, 2024

    Tempur Sealy Releases Q2 Financial Results

    August 10, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

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