Tex. Utilities Code § 36.051
This is the official text of Tex. Utilities Code § 36.051, part of Texas’s Utilities Code — regulates utility companies.
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§ 36.051. ESTABLISHING OVERALL REVENUES.
Official statutory text
In establishing an electric utility's rates, the regulatory authority shall establish the utility's overall revenues at an amount that will permit the utility a reasonable opportunity to earn a reasonable return on the utility's invested capital used and useful in providing service to the public in excess of the utility's reasonable and necessary operating expenses.
Status: in_force · Read it on the official government site
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