Texas Utilities Code

§ 103.021 — MUNICIPAL PROCEEDINGS

UT § 103.021Title 3. GAS REGULATION · Part A. GAS UTILITY REGULATORY ACT · Ch. 103. JURISDICTION AND POWERS OF MUNICIPALITY · Art. B. RATE DETERMINATION

Statute text

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(a)A municipality regulating a gas utility under this subtitle shall require the utility to submit information as necessary to make a reasonable determination of rate base, expenses, investment, and rate of return in the municipality.

(b)A municipality shall make a determination under Subsection (a) using the procedures and requirements prescribed by this subtitle.

(c)A municipality shall retain personnel necessary to make the determination of reasonable rates.

Legislative history

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