HomeNovember 20, 2018
Texas PUC Staff Propose New Interest Rates Applicable to Deposits Held By REPs, Overcharges
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Staff of the Public Utility Commission of Texas have proposed 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 would 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 would be 1.99 percent. The current interest rate for this provision for 2018 is 1.05 percent.
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