CenterPoint Energy Houston Electric, LLC v. Public Utility Commission of Texas

TEXAS COURT OF APPEALS, THIRD DISTRICT, AT AUSTIN JUDGMENT RENDERED AUGUST 16, 2013 NO. 03-11-00065-CV CenterPoint Energy Houston Electric, LLC, Appellant v. Public Utility Commission of Texas, Appellee APPEAL FROM 345TH DISTRICT COURT OF TRAVIS COUNTY BEFORE JUSTICES PURYEAR, ROSE, AND GOODWIN REVERSED AND REMANDED -- OPINION BY JUSTICE ROSE THE COURT OF APPEALS FOR THE THIRD DISTRICT OF TEXAS, having heard this cause on appeal and having considered the record of the court below, the briefs, and counsels’ argument, concludes that the district court’s judgment should be reversed. IT IS THEREFORE ORDERED, in accordance with the Court’s opinion, that: (1) The judgment of the district court is reversed; (2) The parts of the Public Utility Commission’s order regarding CenterPoint’s 2008 performance bonus and carrying costs are reversed; (3) The cause is remanded to the Public Utility Commission for further proceedings consistent with this Court’s opinion; (4) The Public Utility Commission pay all costs related to this appeal; and (5) This decision be certified below for observance.