Texas Utilities Code

§ 141.001 — DEFINITIONS

UT § 141.001Title 3. GAS REGULATION · Part C. PROPANE GAS DISTRIBUTION SYSTEMS · Ch. 141. STANDARDS FOR DISTRIBUTION SYSTEM RETAILERS

Statute text

View on source

In this chapter:

(1)"Allowable markup" means the two-calendar-year rolling average of the differences between the monthly E.I.A. retail prices per gallon reported during the two calendar years immediately preceding the calendar year in which a billing month occurs and the corresponding spot prices per gallon reported for the same month an E.I.A. retail price was reported during those two calendar years. As an example of the calculated allowable markup, for 2013, the allowable markup is $1.48 per gallon.

(2)"Allowable spot price" means the average of the spot prices for the two months preceding the billing month. As an example of the calculated allowable spot price, for the billing month of January 2013, the allowable spot price was $0.844 per gallon. The commission shall identify the allowable spot price each month and publish that price on the commission's website.

(3)"Commission" means the Railroad Commission of Texas or its successor agency.

(4)"Customer" means a retail customer of propane gas purchased from and delivered by a distribution system retailer through a propane gas system.

(5)"Distribution system retailer":

…

Legislative history

Added by Acts 2013, 83rd Leg., R.S., Ch. 1296 (H.B. 2532), Sec. 1, eff. September 1, 2013.