Texas Utilities Code
§ 52.059 — RATES TO COVER APPROPRIATE COSTS
UT § 52.059Title 2. PUBLIC UTILITY REGULATORY ACT · Part C. TELECOMMUNICATIONS UTILITIES · Ch. 52. COMMISSION JURISDICTION · Art. B. INCUMBENT LOCAL EXCHANGE COMPANIES
Statute text
View on source(a)The commission by rule shall adopt standards necessary to ensure that a rate established under this subchapter covers appropriate costs as determined by the commission.
(b)Until standards are set under Subsection (a), the commission shall use a costing methodology that is in the public interest to determine whether a rate established under this subchapter covers appropriate costs.
Legislative history
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.