Tex. Utilities Code § 59.026
This is the official text of Tex. Utilities Code § 59.026, part of Texas’s Utilities Code — regulates utility companies.
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§ 59.026. COMPLAINT OR HEARING.
Official statutory text
(a) On or before the end of the company's election period, an electing company is not, under any circumstances, subject to:
(1) a complaint or hearing regarding the reasonableness of the company's:
(A) rates;
(B) overall revenues;
(C) return on invested capital; or
(D) net income; or
(2) a complaint that a rate is excessive.
(b) Subsection (a) applies only to a company that is in compliance with the company's infrastructure commitment under this chapter.
(c) This section does not prohibit a complaint, hearing, or determination on an electing company's implementation of a competitive safeguard required by Chapter 60.
(1) a complaint or hearing regarding the reasonableness of the company's:
(A) rates;
(B) overall revenues;
(C) return on invested capital; or
(D) net income; or
(2) a complaint that a rate is excessive.
(b) Subsection (a) applies only to a company that is in compliance with the company's infrastructure commitment under this chapter.
(c) This section does not prohibit a complaint, hearing, or determination on an electing company's implementation of a competitive safeguard required by Chapter 60.
Status: in_force · Read it on the official government site
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