Texas Municipal Power Agency · Carlos, TX United States
Company Description
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This link will open in a new window Power and Texas come together at the Texas Municipal Power Agency, which provides electricity generation and transmission services to four municipal utilities (Bryan, Denton, Garland, and Greenville). The joint powers agency, which was created in 1975 by its member cities, owns and operates the 462-MW Gibbons Creek power plant and related transmission assets. In the wake of the oil embargo the early 1970s, the Texas Legislature created joint powers agencies that could perform all the duties of utilities except sell power to non-members. Bryan, Denton, Garland, and Greenville then formed the Texas Municipal Power Agency and harnessed locally available lignite to fuel a power generation plant. To read the full description, subscribe now.
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Key Texas Municipal Power Agency Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | September |
| Annual Sales (mil.) | $0.0 |
| Employees | 137 |
Texas Municipal Power Agency Executives
5 executives listed for Texas Municipal Power Agency's Carlos, TX location.
| Title | Name & Bio | Contact |
| General Manager | Gary Parsons | Network |
| CFO | Mark Murchison | Network |
| Power Plant Manager | Craig York | Network |
Competition
Competitive Landscape for Texas Municipal Power Agency
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Texas Municipal Power Agency Competitors
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