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According to a 2014 report by the Texas Coalition for Affordable Power (TCAP), [3] "deregulation cost Texans about $22 billion from 2002 to 2012. And residents in the deregulated market pay prices that are considerably higher than those who live in parts of the state that are still regulated.
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 ...
At 1:30 a.m., CenterPoint Energy started controlled, rotating outages in the Greater Houston area. [12] At first, the company said that the outages are expected to last 10 to 45 minutes, but soon updated its statement that customers who are experiencing an outage should be prepared to be without power for the rest of Monday. [13]
About half a million Houston-area homes and businesses will still be without electricity next week, the city's largest utility said Thursday, stoking the frustration of hot and weary residents and ...
Unlike that crisis — which was caused by failing power generation — Beryl created high winds that brought down power lines and knocked out power to about 2.7 million homes and businesses.
Houston’s primary utility company, CenterPoint Energy, is responsible for a majority of the outages and is fielding growing frustration from residents and local officials who say the utility ...
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