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High Court Hangs Up on Bell Rate Review
The Texas Supreme Court declined to grant Southwestern Bell Telephone Co a full review of its $298.3 million rate increase request. The high court did not issue a written opinion, keeping in place a lower court decision and the Public Utility Commission action. Bell argues rates are confiscatory and seeks a trial de novo before a new hearing. six other Texas utilities backed Bell, while Travis County court had refused an injunction and limited evidence to that presented before the commission. Bell claims ongoing confiscation causes daily losses exceeding $308,000 while awaiting final resolution.
MENTIONED IN THIS ARTICLE
Beil
Trinphone Company
Texas Unity
Dallas Power and Light Co
General Telephone Co
Southwest
Bell
Travis
Utility Commission
Commission
Telephone Company
Supreme Court