Texas Utilities Code
§ 104.302 — RECOVERY OF CERTAIN COSTS FOR GROSS PLANT
UT § 104.302Title 3. GAS REGULATION · Part A. GAS UTILITY REGULATORY ACT · Ch. 104. RATES AND SERVICES · Art. G. INTERIM COST RECOVERY AND RATE ADJUSTMENT
Statute text
View on source(a)In this section:
(1)"Gross plant" means a gas utility's plant, facilities, or equipment that has been placed in service.
(2)"Post in-service carrying costs" means the product of an unrecovered gross plant multiplied by a gas utility's pre-tax weighted average cost of capital established in the railroad commission's final order in the gas utility's most recent general rate proceeding until recovery.
(3)"Unrecovered gross plant" means a gross plant whose cost is not yet being recovered in a gas utility's rates and not already being deferred to a regulatory asset.
(b)A gas utility may defer for future recovery as a regulatory asset:
(1)post in-service carrying costs;
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Legislative history
Added by Acts 2025, 89th Leg., R.S., Ch. 657 (H.B. 4384), Sec. 1, eff. June 20, 2025.