HomeFebruary 27, 2020
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
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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
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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