Stranded Cost True-Up

Client:

Synapse reviewed the stranded cost true-up filing made by CenterPoint and Reliant Energy, requesting recovery of several billion dollars of stranded costs.  Issues addressed in the testimony of Synapse’s Neil Talbot and Bruce Biewald before the Public Utility Commission of Texas included whether a “control premium” is justified, what an appropriate capital structure would be for the GenCo, the cost of environmental controls,  the treatment of “excess mitigation credits,” and construction work in progress.   Project completed in July 2004.

Status: 
Completed July 2004