Texas PUC Approves New Interest Rates Applicable to Deposits Held By REPs, Overcharges
November 30, 2018 Email This Story Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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The Public Utility Commission of Texas has approved new interest rates applicable to REP deposits and over-billings, consistent with the calculations set forth by rule
The interest rate for calendar-year 2019 on deposits held by REPs will be 1.92 percent. The current interest rate for this provision for 2018 is 0.91 percent.
The interest rate for calendar-year 2019 for overbillings and certain underbillings by a REP will be 1.99 percent. The current interest rate for this provision for 2018 is 1.05 percent.