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Expert Analysis

Texas High Court May Have Remade Utility Ratemaking

Law360, New York (September 9, 2014, 10:39 AM EDT) -- On Jan. 14, 2014, the Texas Supreme Court issued its unanimous opinion in Texas Coast Utilities Coalition v. Railroad Commission of Texas, affirming the express statutory authority in the Railroad Commission of Texas to adopt "formula rate" tariffs. Such tariffs could fundamentally change the way in which regulators establish gas utility rates, and potentially electric utility rates, in Texas....

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