Utilities Urge Changes To Texas Cease And Desist Rules

Law360, Dallas (November 20, 2013, 7:21 PM EST) -- Several utility companies on Monday urged the Texas Public Utility Commission to limit its authority to grant cease and desist orders, saying it should clarify a proposed rule to ensure it would apply only in limited, extraordinary circumstances.

Luminant Energy Co. LLC and NRG Energy Inc. both told the PUC most misconduct by electric market participants that could be subject to a potential cease and desist order can already be handled through existing administrative remedies and suggested the agency narrow the rule to only noneconomic injuries....
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