Texas PUC Approves AEP Texas Rate Case Settlement; Pact Withdraws Proposed Inadvertent Gain Fee For Retail Electric Providers

Settlement Includes Tax Refund Rider Applicable To REPs, Unique To Central, North AEP Service Areas

Settlement Generally Adopts System-Wide Rates For AEP Texas, But Some Credits, Legacy Charges Remain Unique To Central, North Divisions

February 27, 2020

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Reporting by Paul Ring • ring@energychoicematters.com

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The Texas PUC approved without modification to the rates and terms applicable to delivery service and REPs a settlement among various parties to AEP Texas' rate case

See our prior story for a full discussion of the retail rates, riders, and terms applicable to REPs under the settlement

In brief, notable terms of the settlement include:

• Withdrawal of AEP Texas' originally proposed Inadvertent Gain Fee

• New Tax Refund Rider applicable to REPs

• Generally consolidated rates at AEP Central and AEP North, apart from legacy riders and the new tax rider

See our prior story for more details

The Commission noted that terms of the settlement appeared to seek to bind future Commissions with respect to certain terms. The Commission acknowledged parties' agreement on such issues, but noted that the Commission can not bind a future Commission

Docket No. 49494

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