May 20, 2013

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City Challenges TXU's Rates

08-03-04 – The City of Denison is taking on energy giant, TXU, arguing their energy supplier is charging customers too much. The city is threatening to file a lawsuit if the company does not provide documents, proving the need for rate increases.

In a complaint issued Monday afternoon, The Denison City Council, challenges the rates set by TXU’s electric supplier, TXU Transmission and Delivery. The supplier controls power lines in North Texas.

John Walls, a representative for TXU Transmission and Delivery, attributes the rate increase to rising fuel costs. The city of Denison now wants to see proof of those rising costs. TXU is willing to hand over the documents, but they want the city to hold off on the rate issue for one more year when the Public Utilities Commission reviews their investments and earnings.

Denison has turned down the one year request and has resolved to move toward class action litigation. At least 79 other cities are questioning TXU’s rates. If a majority of the cities join in, Denison plans on filing suit.

The TXU-controlled cities are basing their rate concerns on a successful case in South Texas that resulted in lower electric rates for numerous cities.


In The Community

Sherman Public Library Summer Reading Club sign ups

Posted: 05/08/13 - The Sherman Public Library is very excited about our upcoming Summer Reading Club for children and teens. Children ages birth-11 can Dig into Reading and join the Youth Summer Reading Club. The theme for the Teen Summer Reading Club this year is Beneath the Surface and it is open to teens ages 12-18. Read More

Southeastern Spring Commencement set for May 11

Posted: 05/07/13 - DURANT, Okla. – Regent Terry Matlock will deliver remarks at Southeastern Oklahoma State University’s Spring Commencement, scheduled for Saturday, May 11, at Paul Laird Field. The ceremony (for all schools) will begin at 10 a.m. A reception will follow at 11:30 a.m. in the Visual & Performing Arts Center. Read More

Austin College Commencement Celebration Nearing

Posted: 05/06/13 - SHERMAN, TEXAS—Members of the Austin College Class of 2013 are counting down the days until graduation—with both excitement and trepidation. Austin College President Marjorie Hass will present diplomas to more than 340 bachelor’s degree candidates and 18 Master of Arts in Teaching degree candidates who will take part in graduation events May 18 and 19 on campus. Read More

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