Allyson Ho (left) and Macey Reasoner Stokes argue PUC v. Luminant at the Texas Supreme Court. Credit: SCOTx video archives. Court Gives No Relief to Energy Companies Slammed by Winter Storm Price Hikes
The court of appeals strayed from its lane by inquiring whether the orders could have used competitive rather than regulatory methods to any greater extent than it did, Chief Justice Nathan Hecht said.
June 17, 2024 at 05:09 PM
3 minute read
What You Need to Know
- The Texas Supreme Court reversed a court of appeals ruling that the PUC exceeded its authority when it set prices during Winter Storm Uri.
- The court held Luminant had standing and the orders were effectively rules that affect competition.
- However, the court said the judiciary could not second guess PUC's decision making.
The Texas Supreme Court denied relief to energy companies walloped by huge bills during Winter Storm Uri, saying courts can't second-guess the regulatory agency's orders.
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