Tex. Utilities Code § 52.059
This is the official text of Tex. Utilities Code § 52.059, part of Texas’s Utilities Code — regulates utility companies.
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§ 52.059. RATES TO COVER APPROPRIATE COSTS.
Official statutory text
(a) The commission by rule shall adopt standards necessary to ensure that a rate established under this subchapter covers appropriate costs as determined by the commission.
(b) Until standards are set under Subsection (a), the commission shall use a costing methodology that is in the public interest to determine whether a rate established under this subchapter covers appropriate costs.
(b) Until standards are set under Subsection (a), the commission shall use a costing methodology that is in the public interest to determine whether a rate established under this subchapter covers appropriate costs.
Status: in_force · Read it on the official government site
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