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Tex. Utilities Code § 36.056

This is the official text of Tex. Utilities Code § 36.056, part of Texas’s Utilities Code — regulates utility companies.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

§ 36.056. DEPRECIATION, AMORTIZATION, AND DEPLETION.

Official statutory text

(a) The commission shall establish proper and adequate rates and methods of depreciation, amortization, or depletion for each class of property of an electric or municipally owned utility.

(b) The rates and methods established under this section and the depreciation account required by Section 32.102 shall be used uniformly and consistently throughout rate-setting and appeal proceedings.

Status: in_force · Read it on the official government site

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