Texas regulator warns lawmakers towards rollback in storm energy costs By Reuters

© Reuters. FILE PHOTO: Winter climate brought on electrical energy blackouts in Houston

(Reuters) – The top of Texas’s energy regulator informed lawmakers on Thursday that any effort to retroactively cut back the facility costs levied throughout a latest storm would result in lawsuits that the state might lose.

The state’s energy grid operator raised energy costs sharply throughout a February freeze that pushed two energy firms into chapter 11. Others have warned of potential bankruptcies. High officers this week known as on the Public Utility Fee (PUC) of Texas to instantly cut back about $16 billion in energy costs.

Any repricing would set off lawsuits that the fee would lose, PUC Chairman Arthur D’Andrea bluntly informed lawmakers at a listening to in Austin. Commodity contracts used to hedge energy have closed and any repricing “can have penalties” for the state’s energy, agriculture and different markets, he mentioned.

“If I

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How To Develop to be A Higher Marketer & Solutions For Your Enterprise Startup

Digital advertising is consistently altering and rising its scope to include avenues like content material materials promoting, SEO and e-mail promoting.

banking & insurance coverage division

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B2B Sellers Investing in Ecommerce in 2021

Extra business-to-business (B2B) sellers are shifting their focus on-line, investing in ecommerce strains. Sellers are directing stock to on-line promoting channels, in a bid to cater for growing demand for on-line transactions.

This burgeoning B2B development was unveiled within the Digital Commerce 360 Analysis & Information report. Digital Commerce 360 is a number one media and analysis group delivering knowledge and goal information throughout to B2B ecommerce audiences. The report was the primary of a collection of annual surveys of 110 B2B sellers to be performed over the course of 2021 by Digital Commerce 360.

Most B2B Sellers are Shifting Focus to Ecommerce

The important thing takeaway from the analysis is {that a} majority (61%) of B2B sellers are shifting their focus to investing in ecommerce. 86% of the B2B sellers interviewed are forecasting an upward development in ecommerce income in 2021.

The findings of the report are necessary to

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