Tex. Utilities Code § 104.052
This is the official text of Tex. Utilities Code § 104.052, part of Texas’s Utilities Code — regulates utility companies.
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§ 104.052. ESTABLISHING FAIR RATE OF RETURN.
Official statutory text
The regulatory authority may not establish a rate that yields more than a fair return on the adjusted value of the invested capital used and useful in providing service to the public.
Status: in_force · Read it on the official government site
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