Coal-Fired Plant's $83M Rate Hike Axed By Texas Panel
By Michelle Casady ( July 10, 2018, 5:15 PM EDT) -- A Texas appellate court on Tuesday held that the Public Utility Commission of Texas was wrong to find that the Southwestern Electric Power Co. acted "prudently" when it continued to construct a coal-fired power plant in Arkansas even after the price of natural gas fell precipitously in 2010, and is not entitled to an $83 million rate increase....
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