Utilities

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Two of Texas’ biggest investor-owned utilities record a big boost in profits during the second quarter of 2026
September 10, 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
September 1, 2026
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...

Salt River Project customers pay to support political work
August 21, 2026
Employees fund PAC’s direct contributions, but ratepayers are paying twice as much to ‘administer’ fund Salt River Project (SRP) ratepayers are paying at least $500,000 annually to support the administration of SRP’s political action committee, which works to support and oppose political candidates in Arizona and nationally. The political action committee (PAC) is called SRP’s...
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