Energy Company Business Dispute

Most of the electricity in Texas is generated using natural gas. When a Texas electric company buys your energy, they are actually buying this natural gas. In 2008, Texas electric provider Riverway Power started selling electricity at prices far below the market price of most Texas energy providers. It was discovered that Riverway was not hedging their investment and instead, was selling electricity that they bought on the MCPE market as a fixed rate. When the market had a downturn, Riverway was forced to eat the loss and they filed for bankruptcy.

As a result, Riverway Power started raising fixed energy rates and even cancelling electricity contracts with their customers, leaving many Texas residents without a power company. Many of these residents filed electric customer consumer violation complaints because they were left without electricity in the heat of summer. As a residential electric customer, you have consumer protection rights through the Public Utility Commission of Texas (PUCT) that protect your household from this kind of situation.

If you feel that you have been wronged by your electric power company or sold a bait-and-switch contract, we can help you file a formal complaint. A Texas business dispute lawyer at our office is ready to represent your case. If you have questions on electrical defects or contract laws, we may have the answers you need to move forward in seeking compensation for your troubles. Contact a Texas business dispute lawyer today to schedule your complimentary consultation.