Texas Utilities Code

§ 36.064 — SELF-INSURANCE

UT § 36.064Title 2. PUBLIC UTILITY REGULATORY ACT · Part B. ELECTRIC UTILITIES · Ch. 36. RATES · Art. B. COMPUTATION OF RATES

Statute text

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(a)An electric utility may self-insure all or part of:

(1)the utility's potential liability or catastrophic property loss, including windstorm, fire, wildfire, and explosion losses, that could not have been reasonably anticipated and included under operating and maintenance expenses; and

(2)potential damages the utility may be liable for resulting from personal injury or property damage caused by a wildfire.

(b)The commission shall approve a self-insurance plan under this section if the commission finds:

(1)the coverage is in the public interest;

(2)one of the following:

…

Legislative history

Acts 2025, 89th Leg., R.S., Ch. 1072 (H.B. 145), Sec. 1, eff. June 20, 2025.