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Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.

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ERCOT Announces New Grid Research, Innovation and Transformation (GRIT) Initiative

LCG, September 24, 2025--Electric Reliability Council of Texas Inc. (ERCOT) yesterday announced its new initiative to increase its efforts to fully use and apply innovation and transformation through industry collaboration to best overcome the challenges and opportunities facing future grid operations. The new Grid Research, Innovation, and Transformation (GRIT) initiative will advance research and prototyping of emerging concepts and solutions to better understand the implications of rapid grid and technology evolution and position ERCOT to lead in the future energy landscape.

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Industry News

South Carolina Utility Cuts Gas Rate 15.24 Percent

LCG, March 7, 2001--South Carolina Electric & Gas Co., the principal subsidiary of Scana Corp., said yesterday it has received approval from the South Carolina Public Service Commission to lower its natural gas customers bills by 15.24 percent.

SCE&G said the new rate will go into effect with the first billing cycle this month, and a typical householder who uses 100 therms of gas will see his bill drop by around $20.

"We're pleased to be able to pass along lower gas prices to our customers, especially following several months of colder than normal winter weather," said Neville Lorick, president of SCE&G. "While it is extremely tough to predict changing natural gas commodity prices, if the current trendscontinue, we are hopeful we can continue to reduce costs to our gas customers."

SCE&G said it also was able to credit its residential and commercial gas customers' bills on average an additional $23.00 in December and January through the company's "Weather Normalization Adjustment." The company is also making progress on a plan under which customers can pay a flat monthly rate to 12 months.

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