CPS Energy loses $400M winter storm gas pricing case against Energy Transfer

A Texas judge ruled against the San Antonio utility in its lawsuit alleging that Energy Transfer subsidiaries engaged in illegal price gouging during Winter Storm Uri, requiring CPS Energy to pay approximately $400 million in gas costs.

First covered Jul 7, 2026 · 8:12 AM PT · 1 article

Coverage

1d Utility Dive CPS Energy to pay around $400M for Winter Storm Uri gas — CPS Energy alleged that Energy Transfer’s subsidiaries engaged in “unlawful and unconscionable price gouging” for natural gas, but a judge ruled against the…

More coverage from around the web

tpr.org Judge rules against CPS Energy in $400 million 2021 winter storm gas contract dispute | TPR

texasenergyreport.com 7-6-26 – .The Texas Energy Report

sanantonioreport.org Judge rules against CPS Energy in $400M 2021 winter storm gas contract dispute

news.bloomberglaw.com Energy Transfer Wins $392 Million in Texas Winter Storm Dispute

jw.com Jackson Walker Secures Major Victory for Power Generator Clients in Winter Storm Uri MDL – Jackson Walker

Appeared in: 2026-07-07 (#1) · 2026-07-08 (#2)

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