Overview of Texas utilities
Below is a brief overview of the largest Texas utilities responsible for delivering and maintaining the Texas deregulated electricity grid. Here are the top 4 Texas utilities:
Oncor, also known as Oncor Electric Delivery Company LLC, is a regulated electric transmission and distribution company headquartered in Dallas, Texas. It is one of the largest transmission and distribution utilities in the United States, serving more than 10 million customers in the states of Texas, Oklahoma, and Kansas. It has more than 140,000 miles of transmission servicing more than 400 communities.
Founded in 1888 as the North Texas Electric Company, Oncor has since undergone several name changes and acquisitions. Oncor is responsible for building, maintaining, and operating the transmission and distribution lines that bring electricity to homes and businesses in their service area. It is regulated by the Public Utility Commission of Texas.
One of Oncor’s main priorities is ensuring the reliability of electric service. To accomplish this, the company invests heavily in maintaining and upgrading its transmission and distribution infrastructure. Oncor also works closely with its customers to help them conserve energy and reduce their energy costs.
Oncor is committed to sustainability and has set a goal to reduce its carbon emissions by 50% by 2030. To achieve this goal, the company is investing in renewable energy sources such as wind and solar, as well as implementing energy efficiency measures at its facilities.
In 2017 Sempra Energy bid $9.45 billion to purchase a majority stake in Oncor. Oncor is a vital part of the energy infrastructure in the states it serves, working to deliver reliable electric service to millions of customers.
CenterPoint Energy is a publicly traded energy company based in Houston, Texas. It is one of the largest energy delivery companies in the United States, serving more than seven million customers in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas.
CenterPoint Energy was founded in 1882 as the Houston Electric Light and Power Company. CenterPoint Energy’s main business is the distribution of natural gas and electricity to homes and businesses in its service area. It is regulated by the Public Utility Commission and the Federal Energy Regulatory Commission.
CenterPoint Energy is a major player in the Texas energy industry, working to deliver reliable natural gas and electricity to millions of customers while also investing in a cleaner and more sustainable energy future.
AEP Texas –
AEP Texas is an electric utility company serving more than one million customers. They service the south, central, and west regions of Texas. It is a subsidiary of the American Electric Power (AEP) utility company, which is one of the largest electric utilities in the United States.
AEP Texas was founded in the early 20th century. It has since grown to become a major provider of electricity in Texas. It is regulated by the Public Utility Commission of Texas and is responsible for building, maintaining, and operating the transmission and distribution lines. These lines bring electricity to homes and businesses in its service area.
TNMP, also known as Texas-New Mexico Power Company. It is a regulated electric utility company serving customers in the north and east regions of Texas. It is a subsidiary of the PNM Resources Inc.
TNMP was founded in the early 20th century. TNMP has since grown to become a major provider of electricity in Texas. It is regulated by the Public Utility Commission of Texas. TNMP is responsible for building, maintaining, and operating the transmission and distribution electricity to homes and businesses.