Two administrative law judges in Austin have proposed that the Houston area's electric power distribution company increase rates by only $26 million instead of the $110 million it wants. The state Public Utility Commission, which asked the judges to examine CenterPoint Energy's proposal, will have the final say and plans to consider the issue in January. The company proposed the rate increase in July. CenterPoint operates the poles and lines that transmit electricity to more than 2 million Houston-area customers, regardless of which retail company sells them their electricity.
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