Court Says Arkansas Regulators Should Hear Complaint Against CenterPoint - KAIT Jonesboro, AR - Region 8 News, weather, sports

Little Rock, AR

Court Says Arkansas Regulators Should Hear Complaint Against CenterPoint

LITTLE ROCK, AR - The Arkansas Supreme Court has ruled that a complaint against CenterPoint Energy accusing the natural gas utility and its affiliates of a fraudulent selling scheme should be heard by state regulators, not a lower court.

Justices granted a request to prevent the Miller County Circuit Court from exercising jurisdiction over the lawsuit.

In 2004, Miller County resident John Weldon filed the complaint accusing CenterPoint and others of being involved in a "high-low" selling scheme for natural gas that creates huge profits for the company at the expense of residential customers.

The Miller County Circuit Court had rejected the company's motion to dismiss the lawsuit and said the Arkansas Public Service Commission did not have the authority to regulate the actual cost of natural gas.

(Copyright 2007 by The Associated Press.  All Rights Reserved.)

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