Tex. Utilities Code § 33.021

This is the official text of Tex. Utilities Code § 33.021, part of Texas’s Utilities Code — regulates utility companies.

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§ 33.021. RATE DETERMINATION.

Official statutory text

(a) A municipality regulating an electric utility under this subtitle shall require the utility to submit information as necessary to make a reasonable determination of rate base, expenses, investment, and rate of return in the municipality.

(b) A municipality shall make a determination under Subsection (a) using the procedures and requirements prescribed by this title.

(c) A municipality shall retain personnel necessary to make the determination of reasonable rates.

Status: in_force · Read it on the official government site

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