Texas Utilities Code

§ 39.258 — ANNUAL REPORT: DETERMINATION OF ANNUAL COSTS

UT § 39.258Title 2. PUBLIC UTILITY REGULATORY ACT · Part B. ELECTRIC UTILITIES · Ch. 39. RESTRUCTURING OF ELECTRIC UTILITY INDUSTRY · Art. F. RECOVERY OF STRANDED COSTS THROUGH COMPETITION TRANSITION CHARGE

Statute text

View on source

For the purposes of determining the annual costs in each annual report, the following amounts shall be used:

(1)the lesser of:

(A)the utility's Texas jurisdictional operation and maintenance expense reflected in each utility's Federal Energy Regulatory Commission Form 1 of the report year, plus factoring expenses not included in operation and maintenance, adjusted for:

(i)costs under Sections 36.062, 36.203, and 36.205; and

(ii)revenues recorded under the interutility billing process adopted by the commission to implement Sections 35.004, 35.006, and 35.007; or

(B)the Texas jurisdictional operation and maintenance expense reflected in each utility's 1996 Federal Energy Regulatory Commission Form 1, plus factoring expenses not included in operation and maintenance, adjusted for:

…

Legislative history

Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.