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Texas Utilities Code

§ 58.059 — COMMISSION RATE ADJUSTMENT PROCEDURE

UT § 58.059Title 2. PUBLIC UTILITY REGULATORY ACT · Part C. TELECOMMUNICATIONS UTILITIES · Ch. 58. INCENTIVE REGULATION · Art. C. BASIC NETWORK SERVICES

Statute text

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(a)In accordance with this section, an electing company may request and the commission may authorize a rate adjustment under Section 58.056, 58.057, or 58.058.
(b)The electing company must provide to the commission notice of its intent to adjust rates. The notice must be accompanied by sufficient documentary evidence to demonstrate that the rate adjustment is authorized under Section 58.056, 58.057, or 58.058. The commission by rule or order shall prescribe the documentation required under this subsection.
(c)The electing company must also provide notice to its customers after providing notice to the commission. The notice to the customers must:
(1)within a reasonable period after notice to the commission, be published once in a newspaper of general circulation in the affected service area;
(2)be included in or printed on each affected consumer's bill in the first billing that occurs after notice is filed with the commission;
(3)have a title that includes the name of the company and the words "NOTICE OF POSSIBLE RATE CHANGE"; and

Legislative history

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