Monday
Owner (Ken Weaver) of Dallas electricity firm hid past
Caught in the Catchfence™The college dropout from Duncanville became a dual-degreed university graduate and varsity football legend. The carpenter was transformed into a corporate vice president who developed resorts in Brazil.
The fake pedigree, as well as state inattention, allowed Weaver into the lucrative deregulated utilities market. He was one of a breed of entrepreneurs who saw opportunity in selling expensive electricity to people living on the economic edge.
For some, the consequences were painful.
Weaver’s Freedom Power developed a track record of cutting power to customers in midsummer, despite a state-imposed moratorium on cutoffs during a heat emergency. It also compiled the highest rate of consumer complaints in Texas and one of the highest rates of rule violations of any electricity provider in the state.
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