The Texas Supreme Court will review a lower court’s ruling that the state’s Public Utility Commission overstepped its authority during a 2021 winter storm by raising electricity prices to the maximum rate.
The high court set oral arguments on Friday for Jan. 30, 2024. By then, it will be nearly three years since sub-freezing temperatures in Texas caused immense strain on the state’s electricity grid and, in many areas, left residents with large energy bills.
During extreme weather the state, through the Electric Reliability Council of Texas, sets the cost of electricity higher to incentivize production.
But during Winter Storm ...
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