Texas PUC set to rule on new RRB

The Texas State Public Utilities Commission is slated to issue its order tomorrow regarding CenterPoint Energy's request to securitize up to $1.8 billion, its authorized true-up balance, as well as the deferment of taxes resulting from the reduction in the competition transition charge it charges consumers. CenterPoint has also asked the Commission to allow it to add an additional transition charge to consumers to recover the true-up balance that it is not authorized to securitize. "The company anticipates completing a transition bond offering later this year," CenterPoint said in a release.