By Roxanne McKnight
Although the lawsuit between NRG Energy and the Limestone County Appraisal District was settled in June, that fact was not announced in commissioners court until its Monday, Sept. 8 meeting.
Because NRG disputed the appraisal board’s 2013 valuation, it filed a lawsuit Aug. 29 of that year in the 77th District Court, which is the prescribed way for it to handle such a disagreement. The Appraisal Board, which uses outside professionals for such a significant and important task, had reduced its valuation of the main NRG plant from $765.76 million in 2012 to $724 million in 2013. NRG, however, filed the lawsuit, claiming the valuation should have been lower.
By the time the 2014 appraisal of $696 million came out in January 2014, the 2013 dispute was still going on, with no word of progress, and NRG disputed the 2014 valuation as well.