Texas Utilities Code

§ 36.061 — ALLOWANCE OF CERTAIN EXPENSES

UT § 36.061Title 2. PUBLIC UTILITY REGULATORY ACT · Part B. ELECTRIC UTILITIES · Ch. 36. RATES · Art. B. COMPUTATION OF RATES

(a)The regulatory authority may not allow as a cost or expense for ratemaking purposes:

(1)an expenditure for legislative advocacy; or

(2)an expenditure described by Section 32.104 that the regulatory authority determines to be not in the public interest.

(b)The regulatory authority may allow as a cost or expense:

(1)reasonable charitable or civic contributions not to exceed the amount approved by the regulatory authority; and

(2)reasonable costs of participating in a proceeding under this title not to exceed the amount approved by the regulatory authority.

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Legislative history

Acts 2013, 83rd Leg., R.S., Ch. 597 (S.B. 981), Sec. 1, eff. June 14, 2013.