![]() On May 21, 1999, the Texas Legislature passed Senate Bill 7 (SB 7), which required the creation of a competitive retail electricity market. ![]() It eventually discontinued all operations outside of North America in 2002. In 1999, the company was renamed TXU Corp., positioning itself as a multinational energy company, eventually competing in electricity markets on three continents: Australia, Europe and North America. In 1984, DP&L, TESCO, and TP&L merged as divisions of a new principal subsidiary, Texas Utilities Electric Company. Ī number of electric companies formed in the years that followed: TXU Energy's direct forerunners, the Texas Power & Light Company (TP&L) Dallas Power & Light (DP&L), to serve the Dallas area and Texas Electric Service Company (TESCO) to serve Fort Worth and areas west of Abilene. A few years later, in 1885, Fort Worth Electric Light and Power Company, another indirect TXU Energy predecessor, was founded and began servicing areas west of Dallas. ![]() The first instance of electricity generation in North Texas dates to 1882 when Dallas Electric Lighting Company, an indirect TXU Energy predecessor, began providing electric light service to the city of Dallas. A subsidiary of Vistra Corp, it is one of the largest retail electricity providers in Texas. TXU Energy is an American retail electricity provider headquartered in Irving, Texas, serving residential and business customers in deregulated regions of Texas since the deregulation of the Texas electricity market in 2002. ![]()
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