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Texas Natural Resources Code

§ 81.061 — AUTHORITY TO ESTABLISH MARKET-BASED RATES

NR § 81.061Title 3. OIL AND GAS · Part A. ADMINISTRATION · Ch. 81. RAILROAD COMMISSION OF TEXAS · Art. C. JURISDICTION, POWERS, AND DUTIES

Statute text

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(a)This section does not apply to rates established under Chapter 103, Utilities Code, or Subchapter C or G, Chapter 104, of that code.
(b)The commission may use a cost-of-service method or a market-based rate method in setting a rate in a formal rate proceeding.
(c)On the filing of a complaint by a shipper or seller of natural gas, the commission may set a transportation or gathering rate in a formal rate proceeding if the commission determines that the rate is necessary to remedy unreasonable discrimination in the provision of transportation or gathering services. The commission may set a rate regardless of whether the transporter or gatherer is classified as a utility by other law.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 757 (H.B. 3273), Sec. 1, eff. September 1, 2007.

Source: Texas Natural Resources Code § 81.061 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.