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In 2010, like the Federal Estate Tax, the generation-skipping transfer tax was briefly repealed. In that year, the GST tax rate was effectively zero. [9] However, the law that created increased exemptions and the ultimate repeal of the GST tax expired on December 31, 2010. [10] In 2016, the exemption was $5.45 million per person.
As a result, 85% [2] of Texas power consumers (those served by a company not owned by a municipality or a utility cooperative) could choose their electricity service from a variety of retail electric providers (REPs), including the incumbent utility. The incumbent utility in the area still owns and maintains the local power lines (and is the ...
On December 15, 2006, Clayton was sentenced to five years in prison and a fine of $50,000, plus a requirement that he pay over $7,400 in prosecution costs. Clayton was incarcerated at the Federal Correctional Institution at Bastrop, Texas. As a result of his conviction, the Texas Medical Board revoked Clayton's license to practice medicine. [54]
The proposed rates from Texas Gas, which serves about 95% of the natural gas customers in Austin, would nearly double the residential rates from 2020.
The software was designed beginning in 2015 by Allstate's data analytics unit Arity, and integrated into apps such as Fuel Rewards, GasBuddy, Life360 and Allstate-owned Routely, the complaint said ...
Reliant Energy's power plants became a wholly owned subsidiary of Centerpoint Energy. The new company was known as Texas Genco. When the state of Texas deregulated the electricity market, the former Houston Lighting & Power (HL&P) was split into several companies. [4] In 2003 HL&P was split into Reliant Energy, Texas Genco, and CenterPoint ...
Shapiro had filed a complaint with the Federal Energy Regulatory Commission on Monday, arguing that the largest U.S. power grid operator needs to change its market rules to avoid a potential surge ...
In 2002, Texas deregulated the electricity market and in 2000, Texas Power joined in. They now compete against other energy companies like Glacial Energy, Champion Energy, TXU, Bounce Energy, Reliant Energy, MXenergy, Direct Energy, Stream Energy, First Texas Energy Corporation, Gexa Energy, Cirro Energy. Jon Fearing, of the company's risk ...