Texas PUC Says Entergy Can't Recoup Uncertain Expenses

By Jess Krochtengel (August 24, 2016, 8:09 PM EDT) -- The Public Utility Commission of Texas this week defended its decision to deny Entergy Texas Inc. the right to recover nearly $40 million in expected expenses during a rate-making dispute, and urged the Texas Supreme Court not to hear Entergy's appeal.

The PUC told the high court on Monday that lower courts have correctly supported the commission's finding that Entergy didn't prove it was entitled to recover expenses for purchased-power capacity and transmission equalization beyond those that were incurred during a test year. Entergy didn't meet its burden to prove adjustments to its expenses outside of the test year were "known...

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