**EXHIBIT      99**

**TEXAS      COMPETITIVE ELECTRIC HOLDINGS COMPANY LLC**

**CONDENSED      STATEMENT OF CONSOLIDATED INCOME**

**(Unaudited)**

|                                                                        |   | **Twelve                Months Ended**   |   |
|-----------------------------------------------------------------------------|--------|------------------------------------------|--------|
|                                                                        |   | **June                  30, 2007**       |   |
|                                                                        |   | **(millions                of dollars)** |   |
|                                                                        |   |                                     |   |
| **Operating                revenues**                                       |   | $                                        | 8,528  |   |
|                                                                        |   |                                     |   |   |
| Costs                and expenses:                                          |   |                                     |   |   |
| Fuel,                purchased power costs and                delivery fees |   |                                     | 4,089  |   |
| Operating                costs                                              |   |                                     | 625    |   |
| Depreciation                and                amortization                 |   |                                     | 324    |   |
| Selling,                general and                administrative expenses  |   |                                     | 575    |   |
| Franchise                and revenue-based                taxes             |   |                                     | 125    |   |
| Other                income                                                 |   |                                     | (33    | ) |
| Other                deductions                                             |   |                                     | 20     |   |
| Interest                income                                              |   |                                     | (288   | ) |
| Interest                expense and related                charges          |   |                                     | 372    |   |
| Total                costs and                expenses                      |   |                                     | 5,809  |   |
|                                                                        |   |                                     |   |   |
| **Income                before income taxes**                               |   |                                     | 2,719  |   |
|                                                                        |   |                                     |   |   |
| Income                tax expense                                           |   |                                     | 867    |   |
|                                                                        |   |                                     |   |   |
| **Net                income**                                               |   | $                                        | 1,852  |   |

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