Oncor’s “Phantom Tax” Windfall May Become Permanent as Bill Hits Texas House Floor
Oncor, the Dallas-based sticks-and-wires utility, has collected half a billion dollars from ratepayers since 2007 for federal income taxes. But according to a report, the IRS hasn’t received a dime. In fact, most of that cash has gone to its struggling parent, Energy Future Holdings, which is marching inexorably toward…