Legal Opinion
Public Utility Commission v. Houston Lighting & Power Co.
Texas Supreme Court
Decided December 15, 1987No. C-5705PublishedCited by 73 opinions
1Opinion of the Court
*440OPINION
GONZALEZ, Justice.
This cause is an administrative appeal addressing the scope of authority of the Public Utility Commission (PUC) to allocate costs, profits and tax benefits between ratepayers and shareholders. Houston Lighting & Power Co. (HL & P) applied to the PUC for a rate increase. After a hearing, the final order of the PUC provided that a 16.85% return on equity was reasonable. However, the PUC penalized HL & P .5% for alleged imprudent management of two nuclear power projects — the Allen’s Creek Nuclear Project (ACNP) and the South Texas Nuclear Project (STNP). The PUC also…
2Cases cited8 opinions
- Morrow v. CorbinTexas Supreme Court · 1933
- Suburban Utility Corp. v. Public Utility CommissionTexas Supreme Court · 1983
- Galveston Electric Co. v. City of GalvestonSupreme Court of the United States · 1922
- California Products, Inc. v. Puretex Lemon Juice, Inc.Texas Supreme Court · 1960
- Federal Power Commission v. United Gas Pipe Line Co.Supreme Court of the United States · 1967
3 more not listed; retrieve them via the Exa API.
3Cited by73 opinions
- Mayhew v. Town of SunnyvaleTexas Supreme Court · 1998
- Patterson v. Planned Parenthood of Houston and Southeast Texas, Inc.Texas Supreme Court · 1998
- Mid-Century Insurance Co. of Texas v. AdemajTexas Supreme Court · 2007
- Office of Public Utility Counsel v. Public Utility CommissionTexas Supreme Court · 1994
- Public Utility Commission v. GTE-Southwest, Inc.Texas Supreme Court · 1995
68 more not listed; retrieve them via the Exa API.