Texas Utilities Code 52.059 – Rates to Cover Appropriate Costs
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(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.
Terms Used In Texas Utilities Code 52.059
- Rule: includes regulation. See Texas Government Code 311.005