Texas Utilities Code

§ 53.062 — CONSIDERATION OF CERTAIN EXPENSES

UT § 53.062Title 2. PUBLIC UTILITY REGULATORY ACT · Part C. TELECOMMUNICATIONS UTILITIES · Ch. 53. RATES · Art. B. COMPUTATION OF RATES

Statute text

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The commission may not consider for ratemaking purposes:

(1)an expenditure for legislative advocacy, made directly or indirectly, including legislative advocacy expenses included in trade association dues;

(2)an expenditure for costs of processing a refund or credit under Section 53.110; or

(3)any other expenditure, including an executive salary, advertising expense, legal expense, or civil penalty or fine the commission finds to be unreasonable, unnecessary, or not in the public interest.

Legislative history

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.