November 11, 2011
Court Rules TDUs Cannot Charge REPs for Lost Revenues from Energy Efficiency
The PUCT is not authorized to allow TDUs to charge REPs for lost TDU revenues as a result of the TDU's statutorily required energy efficiency programs, and the Commission appropriately declined to grant the TDUs such a Lost Revenue Adjustment Mechanism (LRAM), the Third Court of Appeals of Texas…