City of Austin v. North Austin State Bank

POWERS, Justice.

North Austin State Bank sued the City of Austin to recover excess sums which the Bank paid for electricity furnished by the City during the period December, 1972 to February, 1979. The overcharges resulted from the City’s admitted error in computing the Bank’s monthly utility statements based upon an official rate applicable to customers using both electricity and gas for energy. The Bank uses only electricity and was entitled to a lower rate. 1 Based upon stipulated facts, the trial court awarded the Bank judgment for the net amount of the overcharges, $20,448.07, prejudgment…