ARTICLE
16 March 2021

More Polar Vortex 2021 Fallout: 2nd PUCT Commr. Resigns, Lt. Gov. Calls On PUCT Or ERCOT To "Fix" $16B "Error"

MB
Mayer Brown

Contributor

Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
On March 8, 2021, Commissioner Shelly Botkin resigned immediately from the Public Utility Commission of Texas (PUCT), leaving the PUCT with only one sitting commissioner.
United States Texas Corporate/Commercial Law

On March 8, 2021, Commissioner Shelly Botkin resigned immediately from the Public Utility Commission of Texas (PUCT), leaving the PUCT with only one sitting commissioner. Somewhat unusually, under Texas' Public Utility Regulatory Act (PURA), the vacancy created by this resignation and the result—two out of three commission positions are vacant—does not prevent the remaining commissioner from exercising the PUCT's powers. PURA provides:

Sec. 12.056. EFFECT OF VACANCY.

A vacancy or disqualification does not prevent the remaining commissioner or commissioners from exercising the powers of the commission.

Also on March 8, 2021, Texas Lieutenant Governor Dan Patrick called on the PUCT and the Electric Reliability Council of Texas (ERCOT) to correct the emergency pricing error that continued after the power shortage had ended and the major threat to the Texas grid had passed. Patrick noted that the PUCT had declined to exercise its power to direct ERCOT to correct the billing and/or the pricing error and that, although ERCOT has a procedure to correct pricing errors, it had failed to use it so far. 

In the meantime, at press time, no replacement commissioner nomination had been publicly announced, and it is uncertain whether the appointment of one or two replacements would change the PUCT's decision to not require pricing, billing or other post-vortex corrective action. It is also uncertain whether the single remaining PUCT commissioner will contemplate modifying the PUCT's prior decisions in light of mounting political and financial pressures. 

Visit us at mayerbrown.com

Mayer Brown is a global legal services provider comprising legal practices that are separate entities (the "Mayer Brown Practices"). The Mayer Brown Practices are: Mayer Brown LLP and Mayer Brown Europe – Brussels LLP, both limited liability partnerships established in Illinois USA; Mayer Brown International LLP, a limited liability partnership incorporated in England and Wales (authorized and regulated by the Solicitors Regulation Authority and registered in England and Wales number OC 303359); Mayer Brown, a SELAS established in France; Mayer Brown JSM, a Hong Kong partnership and its associated entities in Asia; and Tauil & Chequer Advogados, a Brazilian law partnership with which Mayer Brown is associated. "Mayer Brown" and the Mayer Brown logo are the trademarks of the Mayer Brown Practices in their respective jurisdictions.

© Copyright 2020. The Mayer Brown Practices. All rights reserved.

This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More