On Market Decision, Lawmakers Question PUC's Authority

A bipartisan panel of state lawmakers grilled the Texas Public Utility Commission on Monday, raising hard-edged questions about the agency’s authority to overhaul Texas’ wholesale electricity market in hopes of ensuring the long-term reliability of the state’s electric grid — a move that would send billions more dollars each year to electricity providers.  

In a highly technical and occasionally contentious Senate Committee on Natural Resources hearing, several lawmakers expressed skepticism about the need for a market overhaul and accused the PUC of moving too fast on an issue that they said the Legislature should ultimately decide.   

“We have an ...

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