Chris Carmona, attorney and mediator at The Carmona Firm. Courtesy photo San Antonio Utility Customers Will Have to Pay Millions for Energy Company's Mistakes
San Antonio's energy company has taken a controversial legal position that cost ratepayers millions and may have caused its top in-house counsel to leave, writes Chris Carmona.
April 12, 2023 at 07:09 PM
6 minute read
Energy
Two years after Winter Storm Uri wreaked havoc across Texas, CPS Energy (formerly City Public Service Board of San Antonio) customers are still in the dark as to how much of CPS's storm-related debt and legal fees the electric provider has accrued. Rather than working with suppliers to find solutions, CPS has chosen to take a controversial legal position that has cost ratepayers millions in legal fees and may have caused its top in-house counsel to leave. As a municipal utility that opted not to deregulate when ERCOT was created, current and future ratepayers will ultimately have to pay the price of questionable decision making as the utility company continues to use the courts to delay payments to suppliers, calling into question the wisdom of this legal strategy.
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