Public Utility Commission v. City of Denton — Court Affirms Rate Decision Reversing Commission’s Mid-Proceeding RFP Change for Municipal Transmission Utility
The Texas Fifteenth Court of Appeals affirmed a district court ruling that the PUC’s mid-proceeding modification of its rate filing package without Texas Register publication was arbitrary and capricious, requiring application of the pre-amendment 0.25x debt service coverage adder presumption, while upholding the Commission’s exclusion of a municipal utility’s general fund transfer return-on-investment component as insufficiently substantiated.