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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 –...

Fossil fuel money lurks behind anti-offshore wind power political ads in New Jersey 

A Republican group that paid for anti-offshore wind power ads targeting Democrats ahead of New Jersey’s November 7 state legislative elections raked in hundreds of thousands of dollars from the fossil fuel industry earlier this year.  The Washington, D.C.-based Republican State Leadership Committee (RSLC) announced in July that it had launched “two five-figure ad buys...

Documents reveal a lobbying blitz by FirstEnergy as Trump mulled bailouts for coal and nuclear power plants that could cost consumers billions

A new filing in the bankruptcy case for FirstEnergy Solutions details how lobbyists at Akin Gump, Washington, DC’s top-earning lobbying firm, spent hundreds of hours in April working on a renewed campaign to secure bailouts for the utility’s coal and nuclear power plants from the Trump administration and state lawmakers in Ohio and Pennsylvania. The nearly $1...

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