Contact Us

Brace Yourself – Electric Bills May Go Higher

Texas retail electric providers — the “light companies” — have a decision to make.  As of today, August 1st, many of them are paying 50% more for the electricity they buy from wholesale producers.  Now they have to decide whether they will pass the increases on to customers with “fixed rate” contracts that were supposed to lock-in a per kilowatt hour price.

If they try it, StateImpact Texas reports the Texas Public Utilities Commission is waiting for a customer to file a complaint.

 

via Flickr/89AKurt

The Texas Public Utility Commission raised the ceiling on wholesale rates last month, saying allowing higher profits will encourage utility companies to build more power plants to keep up with the state’s growth.

Most fixed rate contracts say “your price” can be raised if there’s a “change in law” that imposes higher costs on REPs.

Power companies now want to know if the PUC “changed” the law when it raised the cap on the peak wholesale price.

Some power companies say no it didn’t.  Others, including TXU and NRG, say yes it did.

Texas electricity retailers are at an ethical crossroad. Will they dare to raise rates on people with fixed rate contracts?  They all admit it would be a public relations disaster.  Stay tuned.

 

Texas Tech v Texas
[

Longhorns’ Spelling Error Delights Rival Fans

Sometimes and oops happens.  And this is one that Aggie fans are gonna run with!

In the University of Texas' media guide, it didn't take long at Big 12 Media Days to discover that "Texas" was misspelled.  

Read More|Comment

Category: East Texas News Tags: ,
police-lights
[

Accident Victim Was A Teen On Her Way To Freshman Orientation at SFA

 

A bad accident Wednesday night claimed the life of an Austin woman, and Stephen F Austin said she was on her way to freshman orientation.

Read More|Comment

Category: East Texas News, News Tags: , ,
Win McNamee, Getty Images
Win McNamee, Getty Images
[

Governor Perry Is Sending Troops To The Texas-Mexico Border

Governor Rick Perry announced Monday he was sending a thousand troops to the border with Mexico to combat the border crisis, and said that process will happen over the next month.

Read More|Comment

Malaysian Airlines Flight Reported Missing On Route To Beijing
[

Malaysian Passenger Jet With 295 Onboard Crashes Near Ukraine-Russia Border [UPDATED]

A Malaysia Airlines jet carrying nearly 300 people crashed near the border between Russia and Ukraine, according to Reuters and Interfax. The airline company has confirmed that it has lost contact with the plane, a Boeing 777.

Read More|Comment

Category: News, World News
Stuart Scott
ESPN, YouTube
[

Watch Stuart Scott’s Heartbreaking Speech at the ESPYs [VIDEO]

Longtime ESPN personality Stuart Scott literally took center stage at Tuesday night's ESPY Awards when he accepted the Jimmy V Perseverance Award. And his speech did not disappoint.

Read More|Comment

Category: News, Sports, Television Tags:
McAllen Police Dept
McAllen Police Dept
[

Texas Judge Arrested for DWI

Late Saturday night, Nora Longoria, a justice with the 13th Court of Appeals in McAllen was arrested and charged with suspicion of DWI. 

Read More|Comment

Category: Texas News Tags:
Christopher Furlong/Getty Images
Christopher Furlong/Getty Images
[

Thousands Help Lone Survivor After Her Family Is Killed in Spring, TX

After her family was killed execution style last Wednesday near Houston, people are coming out in droves to help the 15-year old sole survivor.

Cassidy Stay's parents and four siblings were killed in the shootings at their home, but Cassidy survived after a bullet grazed her head and she played dead until the violence ended. Now almost $300,000 has been raised for her benefit, as she starts her new life without her family.

Read More|Comment

Getty Images-Online USA
Getty Images-Online USA
[

Lone Ranger Outfit Brings In Big Bucks at Texas Auction

The family of a late businessman and collector decided to put the original Lone Ranger outfit on the auction block, and it brought in $195,000 at the auction in Waco Saturday.

Read More|Comment

Monkey Business
Monkey Business
[

Three Weeks Left To Nominate a Lufkin Small Business Of The Year

Do you have a favorite ice cream shop, burger joint, lawn service or barber?  Tell everyone about them!

Now is the time to nominate your favorite Mom or Pop shop for Small Business of the Year with the Lufkin Chamber of Commerce.

Read More|Comment

Category: East Texas News, News Tags: ,
David McNew/Getty Images
David McNew/Getty Images
[

Game Wardens Have Been Targeting Lakes Looking for Drunk Boaters

If one of your favorite things to do during the summer is pack some frosty beverages on ice and head to the lake, be safe when you hop on the boat!

Read More|Comment

Category: East Texas News, News Tags:

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://ksfa860.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on NEWSTALK 860 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on NEWSTALK 860 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!