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AEP Texas Central Co. v. Public Utility Commission of Texas

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OPINION

This appeal arises from the final order of the Public Utility Commission in the true-up proceeding to finalize “stranded costs” and other true-up balances for the AEP Texas Central Company and CPL Retail Energy, L.P. (collectively “TCC”) as a result of the legislative mandate to bring competition to the retail energy market in Texas. The district court affirmed the Commission’s final order in most respects, but reversed on three issues. This Court affirms the district court’s judgment in part, reverses in part, and remands this cause to the Commission for further proceedings consistent with the Court’s opinions.

Justice Patterson filed a concurring and dissenting opinion, joined by Justices Puryear and Pemberton in part. Justice Pemberton filed a concurring opinion, joined by Justice Puryear.

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