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Two of Texas’ biggest investor-owned utilities record a big boost in profits during the second quarter of 2026

Two of Texas’ biggest transmission and distribution utilities reported sharply higher profits in the second quarter of 2026. Dallas-based Oncor Electric Delivery Company and CenterPoint Energy’s Texas subsidiary reported a 65% and 43% increase in profits respectively, for the three months ending June 30, compared to the same period in 2025. Both utilities requested –...

Texas utilities spent tens of millions on ‘legislative matters’ as electric bills rise

CenterPoint Energy, Oncor Electric Delivery Company LLC and Entergy Texas spent a combined $58.06 million on “legislative matters,” including lobbying and regulatory advocacy, from 2021 through 2025, according to annual reports filed to the Public Utility Commission of Texas (PUCT).  CenterPoint Energy led with the most spending on “legislative matters” from 2021 through 2025 at...

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