TXU Parent Company Posts $710 Million Loss

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Andrew Schneider
KUHF Houston Public Radio
October 31, 2011

The Dallas-based parent of TXU Energy-Luminant is announcing a third quarter loss of $710 million. That compares to a $2.9 billion loss in the third quarter of last year.

Energy Future Holdings says that nearly half its third quarter losses stemmed from charges related to the Environmental Protection Agency’s Cross State Air Pollution Rule. Starting in January, the rule will require Texas power plants to cut emissions of nitrous oxides and sulfur dioxide.

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