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TXU Energy's History

From our rock-solid roots in the 19th century to the leadership position we hold today, TXU Energy has a long legacy of commitment to our customers, and a hard-earned track record of efficiency, reliability, and safety.

Timeline

1882       The new Dallas Electric Lighting Company, an indirect TXU Energy predecessor, begins providing electric light services to Dallas.

1885   The Fort Worth Electric Light and Power Company, another indirect TXU Energy predecessor, brings electric lighting to Fort Worth.

1912   The Texas Power & Light Company (TP&L), TXU Energy's direct forerunner, consolidates 13 electric companies under GE's Electric Bond & Share (EB&S) Company.

1917   EB&S forms Dallas Power & Light (DP&L) to power the Dallas area.

1929   EB&S forms Texas Electric Service Company (TESCO) to serve Ft. Worth and the areas west of Abilene.

1945   Texas Utilities Company formed Sept. 4, 1945, formalizing the historic and traditional bonds connecting TP&L, DP&L and TESCO in a new holding company for the three utilities.

1975   Texas Public Regulatory Act passed, creating the Public Utility Commission of Texas, bringing rates and service under state regulation.

1976   Texas Utilities Company begins A-OK Program, first cash-incentive program in the nation to encourage energy efficiency.

1983   Texas Utilities Company begins Energy Aid program for those needing assistance paying energy bills.

1984   DP&L, TESCO, and TP&L merge as divisions of a new principal subsidiary, Texas Utilities Electric Company.

1993   Southwestern Electric Service Company (SESCO), electric distribution company in East Texas, acquired.

1995   TU Electric acquires Eastern Energy Ltd. (TXU Australia).

1996   Acquisition of ENSERCH Corp., a natural gas transmission and distribution company, completed.

1998   The Energy Group acquired as the UK begins privatizing its electric and natural gas utilities; it becomes TXU Europe.

1999   TXU becomes the new name and brand identity for the enterprise, positioning it as a multinational energy company. 

2000   TXU Corp. structurally separates the energy delivery and competitive energy businesses.

2001   TXU Corp. completes its transition to competitive electricity markets on three continents.

2002   TXU Europe operations discontinued as TXU Corp. begins its survival plan to strengthen balance sheet.

2004   All foreign and non-electric businesses divested.  Community investments enhanced, with four-fold, $15 million increase in TXU Energy AidSM.

2007   TXU Corp. enters a new era as Energy Future Holdings Corp. (EFH) with completion of the private-equity acquisition led by KKR, TPG, and Goldman Sachs.
  
For more information about the history of TXU Energy, please write us at info@txu.com.

 
 
 

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