As the new year begins, it’s a natural time for new beginnings. And it’s in that spirit that we’re excited to introduce you to a new Texas energy company – one that’s 130-plus years in the making.
Parent Company for TXU Energy and Luminant Announces Corporate Rebranding as Vistra Energy
On November 4, 2016, TCEH Corp. announced a new name, Vistra Energy, that builds upon the company’s 130-year track record of serving Texans and launches toward a revitalized future as a leading, dynamic energy player in Texas. As the parent company of TXU Energy and Luminant, Vistra Energy will provide customer-focused service as the state’s […]
TCEH Corp., Parent Company for Luminant and TXU Energy, Emerges from Chapter 11 as a Competitive, Well-Capitalized Company
Link to the official press release for TCEH Corp.’s emergence from Chapter 11 bankruptcy. https://www.energyfutureholdings.com/tceh-corp-parent-company-for-luminant-and-txu-energy-emerges-from-chapter-11-as-a-competitive-well-capitalized-company/
A Letter From Sano Blocker on TCEH Emergence
I am pleased to inform you that Luminant and TXU Energy have emerged from the Chapter 11 process as a standalone company. Oncor’s emergence from bankruptcy is proceeding on a separate timetable. I want to emphasize at the outset: our emergence from this process would not have been possible without the support of all of […]
Restructuring Update: Emergence on Track with Final Regulatory Approval
09.27.2016 On September 27, 2016, the Railroad Commission of Texas approved Luminant’s application for a collateral bond securing its mine reclamation obligations. This important milestone marks the final regulatory approval needed for TCEH to emerge from the restructuring process. We are confident that emergence will occur very soon, perhaps as soon as Monday, Oct. 3. […]
When Neighbors Ask: Comanche Peak Area Tax Payments
A one-page document answering questions about recent tax payments for our Comanche Peak plant and the Somervell Count Hospital District budgeting issues.
ERCOT Market Update
A series of slides showing the trend of persistently low wholesale power prices since 2008, the impact of low natural gas prices on the ERCOT wholesale power market, and the impact of increasing renewable generation creating more instances of negative wholesale power prices in the market.
When Neighbors Ask: Low Wholesale Power Prices
In 2008, average annual wholesale power prices in ERCOT were more than $63 per megawatt hour. In the first quarter of 2015, wholesale power prices averaged $26 per megawatt hour and they were about $17 per megawatt hour in the first quarter of this year. Power prices are at their lowest averages since 2002. The […]
When Neighbors Ask: Property Tax Valuations
A one-page document answering our neighbors’ questions concerning how Luminant values its power plant assets for property tax purposes and what those valuations mean.
Luminant Files Motion to Stay the EPA’s Regional Haze Federal Implementation Plan Final Rule
Luminant filed a motion at the U.S. Fifth Circuit Court of Appeals to stay the Environmental Protection Agency’s Regional Haze Federal Implementation Plan final rule for Texas and Oklahoma. Along with two other power generators, Luminant is asking the court to stop implementation of the final rule while under legal review because the rule is […]