[1] Texas Power services roughly 20,000 residential electricity customers.
Texas Power also serves small, medium and large commercial accounts.
Jon Fearing, of the company's risk management department, played an integral role in the company's growth over the years.
When Hurricane Katrina hit on August 29, 2005, it hurt several pipelines that helped to supply power to Texas companies.
This decrease in supply resulted in a rising price to consumers in the aftermath of the hurricane.