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Texas PUC Adopts New Interest Rates Applicable to Deposits Held By REPs, Overcharges
The Public Utility Commission of Texas adopted new interest rates applicable to REP deposits and over-billings, consistent with the calculations set forth by rule
The interest rate for calendar-year 2018 on deposits held by REPs will be 0.91 percent. The current interest rate for this provision for 2017 is 0.42 percent.
The interest rate for calendar-year 2018 for overbillings and certain underbillings by a REP will be 1.05 percent. The current interest rate for this provision for 2017 is 0.58 percent.
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November 20, 2017
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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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