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Houston-Based Gas Company Sues CPS Energy For Unpaid Natural Gas From February Storm

Ice covers trees and power lines in South Austin last week.
Ice covers trees and power lines in South Austin after the February winter storm.

A natural gas supplier is suing San Antonio's City Public Service Energy. The lawsuit — filed in Harris County last week by Houston-based Enterprise Products Operating LLC — alleges that CPS Energy still owes them $99.6 million for natural gas provided during February's winter storm.

The suit claims a breach of contract. CPS pays daily floating prices, which in most cases saves money — unless demand skyrockets, like it did in February. Enterprise Products said CPS Energy has not paid for 13 transactions it billed in February.

According to the suit, CPS has paid $36.4 million so far. CPS Energy has sued over a dozen natural gas companies over what it calls price gouging.

In one lawsuit filed against Chevron, CPS claimed the company increased it's price by 6000%.

CPS also brought a lawsuit against the Electric Reliability Council of Texas (ERCOT) for inflated energy prices.

The current contract between CPS Energy and Enterprise Products began in May 2018.

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Jerry Clayton can be reached at jerry@tpr.org or on Twitter at @jerryclayton.