Texas Utilities Code

§ 102.152 — DEPRECIATION ACCOUNT

UT § 102.152Title 3. GAS REGULATION · Part A. GAS UTILITY REGULATORY ACT · Ch. 102. JURISDICTION AND POWERS OF RAILROAD COMMISSION AND OTHER REGULATORY AUTHORITIES · Art. D. REQUIRED REPORTS AND FILINGS

Statute text

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The railroad commission shall require each gas utility or municipally owned utility to carry a proper and adequate depreciation account in accordance with:

(1)the rates and methods prescribed by the railroad commission under Section 104.054; and

(2)any other rule the railroad commission adopts.

Legislative history

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.