Editing TXU Energy (section)

== History ==
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.<ref>{{Cite journal|last=Brown Jr.|first=Jack L.|date=Fall 1995|title=Electrifying Dallas|url=https://texashistory.unt.edu/ark:/67531/metapth35111/|journal=Legacies: A History Journal for Dallas and North Central Texas|volume=07|pages=4–11|via=The Portal to Texas History}}</ref> 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.<ref>{{Cite book|url=https://books.google.com/books?id=6vxtBgAAQBAJ&q=fort+worth+electric+light+and+power+company&pg=PA129|title=The City in Texas: A History|last=McComb|first=David G.|date=2015-02-15|publisher=University of Texas Press|isbn=9780292767485|language=en}}</ref>

A 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.<ref>{{Cite web|url=http://www.comparetexasenergyproviders.com/txu-energy-texas/Texas/|title=TXU Energy in Texas {{!}} Compare Energy Providers|website=www.comparetexasenergyproviders.com|access-date=2017-05-31}}</ref>

In 1984, DP&L, TESCO, and TP&L merged as divisions of a new principal subsidiary, Texas Utilities Electric Company.

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.<ref>{{Cite web|url=https://www.sec.gov/Archives/edgar/data/1023291/000093066100000600/0000930661-00-000600-d24.pdf|title=Form 10-K|access-date=31 May 2017}}</ref>  It eventually discontinued all operations outside of North America in 2002.<ref>{{Cite web|url=http://lubbockonline.com/stories/102202/bus_1022020006.shtml|title=TXU makes deal to sell UK unit {{!}} Lubbock Online {{!}} Lubbock Avalanche-Journal|website=lubbockonline.com|access-date=2017-05-31}}</ref>

=== Deregulation ===
On May 21, 1999, the Texas Legislature passed Senate Bill 7 (SB 7), which required the creation of a competitive retail electricity market. TXU Energy was one of the first certified retail electricity providers to begin offering service at market open in 2002. TXU Corporation’s three main entities during the first several years of deregulation were TXU Energy, a retail electricity provider (REP), TXU Electric Delivery, a transmission and distribution utility (TDU) and TXU Power, a wholesale electricity generation provider.	

In 2007, through a private-equity acquisition led by KKR, TPG Capital and Goldman Sachs, TXU Corporation was acquired by [[Energy Future Holdings Corp.]] (EFH).<ref>{{Cite news|url=https://www.reuters.com/article/us-txucorp-takeover-kkr-idUSWNAS203120070226|title=Private equity buys TXU in record deal|date=26 February 2007|work=Reuters|access-date=2017-05-31}}</ref> TXU Energy retained its name, while TXU Power was renamed Luminant, and TXU Electric Delivery was renamed Oncor.

On April 29, 2014, Energy Future Holdings (EFH), TXU Energy’s parent company at the time, entered bankruptcy.<ref>{{Cite news|url=https://www.wsj.com/articles/energy-future-holdings-files-for-chapter-11-bankruptcy-1398767452|title=Energy Future Holdings Files for Bankruptcy|last1=Spector|first1=Mike|date=2014-04-29|work=Wall Street Journal|access-date=2017-05-31|last2=Glazer|first2=Emily|language=en-US|issn=0099-9660|last3=Smith|first3=Rebecca}}</ref>  In October 2016, certain subsidiaries of EFH, including TXU Energy, Luminant and EFH’s corporate services department, emerged from reorganization in a court-approved spin-off under parent company Texas Competitive Electric Holdings (TCEH), and a new CEO, Curt Morgan, was announced. Later in 2016, TCEH changed its name to Vistra Energy.<ref>{{Cite news|url=http://www.energymanagertoday.com/parent-of-txu-energy-and-luminant-announces-corporate-rebranding-as-vistra-energy-0128256/|title=Parent of TXU Energy and Luminant Announces Corporate Rebranding as Vistra Energy|date=2016-11-08|work=Energy Manager Today|access-date=2017-05-31|language=en-US}}</ref>

TXU Energy's parent company, Vistra Energy, began trading on the [[New York Stock Exchange]] on May 10, 2017.