Texan retail therapy

Certain large Texas electricity suppliers want to reduce debt following significantlosses. So their retail divisions are trying harder than ever to squeeze moreprofits from a fiercely competitive retail market. JoeMarsh reports

Competition for power supply contracts is fiercer than ever in Texas, particularlysince high natural gas costs are forcing power prices up and squeezing energycompany profit margins. As a result, some of the major suppliers – whichinclude Constellation NewEnergy, Reliant, Tractebel Energy Services and TXU – wantto increase their foothold in the smaller end of the market, often seen as aparticularly profitable area.

More than half of total commercial and industrial(C&I) energy users withless

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