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Public Utility Commission Of Texas

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Corpus Christi’s industrial water-rate battle heads to state hearing
business21 days ago

Corpus Christi’s industrial water-rate battle heads to state hearing

Corpus Christi is locked in a legal dispute with large industrial customers (Valero, Citgo, LyondellBasell) over an $80 million water-rate refund after the city raised rates for these users in 2023. Regulators recommended a much smaller refund, and a three-day public hearing before an administrative law judge at the Texas Public Utility Commission will determine the outcome, with the final decision resting with the PUC. The case highlights the city’s effort to fund new water projects while arguing that industry has not paid its fair share, versus industry claims for discounts tied to proximity to the treatment plant. If the companies prevail, the city could be forced to refund tens of millions even as it seeks funds for future infrastructure.

Gov. Abbott Demands Urgent Action from CenterPoint Amid Beryl Blackout Crisis
texas-news2 years ago

Gov. Abbott Demands Urgent Action from CenterPoint Amid Beryl Blackout Crisis

Governor Greg Abbott criticized CenterPoint Energy for its slow response to power outages caused by Hurricane Beryl and demanded a detailed plan to improve future reliability. He ordered an investigation into the utility's practices and warned of potential executive action if improvements are not made. Lt. Gov. Dan Patrick announced upcoming Senate hearings to question CenterPoint's business practices. CenterPoint acknowledged customer frustrations and committed to restoring power and improving future responses.

Texas Voters Approve Billions in Funding for Power Plants and Grid Reliability
energy2 years ago

Texas Voters Approve Billions in Funding for Power Plants and Grid Reliability

Texas voters have approved a constitutional amendment creating the Texas Energy Fund, which will inject $10 billion into energy infrastructure, including $7.2 billion for power plant construction. The Public Utility Commission of Texas will oversee the fund, a new responsibility for the agency. However, doubts remain about the effectiveness of the incentive program in spurring investment in natural gas power plants, as underlying market realities make building new plants a risky bet. The money will be distributed as low-interest loans, but there are concerns about the ability to recoup the investment due to advances in energy technology and the transition away from fossil fuels. The Texas Energy Fund will also support energy resilience projects and grid overhauls.