Texas Commission Greenlights Acquisition of TXNM Energy by Blackstone Infrastructure The Texas Commission has approved Blackstone Infrastructure's acquisition of TXNM Energy, ensuring customer benefits and local oversight in the energy sector.

Texas Commission Greenlights Acquisition of TXNM Energy by Blackstone Infrastructure #USA #Texas #TXNM_Energy #Blackstone_Infrastructure #PUCT

Texas regulators levied $579,000 in fines during this week's Public Utility Commission of Texas (PUCT) meeting according to a recent announcement. Texas regulators levied $579,000 in fines during this week's Public Utility Commission of Texas (PUCT) meeting, according to a recent announcement. The PUCT holds oversight and regulatory power over Texas's electricity, water, and telecommunications sectors. The recent penalties stemmed from settlement agreements reached in two separate cases. In PUCT Docket No. 56759, three power generation companies were penalized $360,000 for failing to adhere to Electric Reliability Council of Texas (ERCOT) operating guidelines. These companies have also committed to implementing changes in their procedures designed to avoid similar infractions moving forward. A separate settlement agreement, also under PUCT Docket No. 56759, resulted in a $219,000 penalty for another power generation company, also due to violations of ERCOT rules. This company similarly agreed to procedural adjustments to prevent recurrence. The administrative penalties collected by the PUCT are transferred to the state's general fund. Payment is generally required within 30 days following the final order. A recording of the meeting is accessible on the PUCT website. The subsequent open meeting is planned for May 8, 2025.

Texas regulators levied $579,000 in fines during this week's Public Utility Commission of Texas (PUCT) meeting according to a recent announcement. #ERCOT #Electricity #Regulation #Fines #Texas
#PUCT

PUC calls for legislative, regulatory fixes for CenterPoint’s failures during Beryl | Houston Public Media The report's recommendations include making sure utility customers will be able to speak with a live person to get estimates and updates on power restoration during an outage.

The PUCT issued its report just over a week ahead of the deadline set by Governor Abbott. #PUCT #HurricaneBeryl #CenterPoint #TxLege @houstonpublicmedia.bsky.social