Texas Utilities Code

§ 33.021 — RATE DETERMINATION

UT § 33.021Title 2. PUBLIC UTILITY REGULATORY ACT · Part B. ELECTRIC UTILITIES · Ch. 33. JURISDICTION AND POWERS OF MUNICIPALITY · Art. B. RATE DETERMINATION

Statute text

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(a)A municipality regulating an electric 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 title.

(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.