Appeals court hears arguments on legality of $9,000 electricity rates during Texas winter storm

This story is available as part of a content partnership with The Texas Lawbook. For the latest legal services news, visit TexasLawbook.net.

The Texas Public Utility Commission’s February 2021 emergency rules allowing an increase in electric rates to $9,000 per megawatt hour in response to Winter Storm Uri were “invalid and ineffective” and “wreaked havoc” on the state’s power system, lawyers representing several large energy companies told a Texas appeals court Wednesday.

Lawyers…

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