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Fitch Downgrades the Debt of TXU — Again
The hits just keep on coming for TXU. Fitch Ratings downgraded the debt of TXU’s parent company, Energy Future Holdings Co. (TXU), from CCC to CC, which “implies very high levels of credit risk such...
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TXU Reports Abysmal First Quarter 2012 Earnings
It comes as no surprise that TXU’s parent company, Energy Future Holdings, reported a massive loss for the first quarter of 2012. In accordance with GAAP, EFH reported a net loss of $304 million for...
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More Legal Issues For The Parent Company Of TXU
TXU’s parent company, Energy Future Holdings, has yet another legal issue to contend with. EFH is once again being sued over it’s highly pollutive Luminant plant in Longview, Texas. The coal-fired...
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What Happens To My Electricity If (When!) TXU Declares Bankruptcy?
We have been receiving quite a few questions about what will happen when TXU’s parent company, Energy Futures Holdings, declares bankruptcy. The issue is actually fairly complex in the case of EFH,...
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What You Need To Know About The TXU Free Nights Plan
TXU was the first major electric provider in Texas to offer time of day pricing to the public with their introduction of the TXU Free Nights program in Texas. The plan was an immediate hit with...
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Are TXU Rates The Most Expensive Electricity Rates In Texas?
TXU Energy appears to be the most expensive electricity provider in Texas – at least we could not find any company with higher rates. Just a few months ago they said they were not willing to “chase...
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Keep A Close Eye On Electricity Supply In Texas This Summer
Another week, another warning about the capacity of the Texas electric grid. Speaking to state lawmakers earlier this month, Trip Doggett, President of the Electric Reliability Council of Texas, once...
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The Truth About TXU’s Cash Rewards Program
If you’ve turned on a television lately, chances are you have seen the new TXU Cash Rewards commercial. If you switch to TXU, you will get “up to” 5% in cash rewards. Once a year you will receive a...
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Comparing the TXU SecureSaver Plan to Other Providers
TXU’s newest commercial promotes something they call the TXU SecureSaver Plan. Taking a closer look at the details of the plan shows it suffers from the same problem as most TXU plans – the rates are...
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Increased Reports Of Scammers Posing As Your Electricity Provider
**ALERT** THERE HAS RECENTLY BEEN A HUGE JUMP IN THE NUMBER OF REPORTS OF SCAMMERS POSING AS YOUR ELECTRICITY PROVIDER CALLING TO GET YOUR CREDIT/DEBIT CARD INFORMATION. The scam artists are...
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