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Testimony Filed in NextEra’s Oncor Acquisition Case
Testimony Filed in NextEra’s Oncor Acquisition Case
Jan 13, 2017
by Margarita Fournier; Copyright 2016 by Competitive Assets, LLC. All rights reserved
On 1/11/17, several parties filed direct testimony and statements of position in Docket No. 46238, Joint Report and Application of Oncor Electric Delivery Company LLC, and NextEra Energy, Inc., for Regulatory Approvals Pursuant to PURA §§ 14.101, 39.262, and 39.915. In their statement of position, NRG Companies stated that “to ensure the efficient operation of competitive markets, the Commission should prohibit the interconnection of any NextEra Energy generation to the Oncor transmission system and, further, in order to ensure that Oncor does not favor its affiliated retail electric providers (REPs), the Commission should require NextEra to divest those REPs within a specified time period after the closing of the transaction.” Texas Energy Association for Marketers (TEAM) suggested modifying the regulatory commitment, which prohibits co-branding of the utility with a competitive affiliate, “because the potential for ‘market power abuses’ through ‘joint marketing, advertising, or promotion’ by utilities and competitive affiliates is ever looming” in the Texas market. So far, intervenor direct testimony was filed by the Steering Committee of Cities Served by Oncor, Texas Industrial Energy Consumers, and Office of Public Utility Counsel
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