Texas Utilities Code 56.254 – Recovery of Costs
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The commission order designating the successor utility under § 54.303 shall authorize the utility to recover the costs determined under § 56.253. The costs may be amortized and recovered from the state universal service fund, together with interest at the prevailing commercial lending rate:
(1) not later than the first anniversary of the date of the order if the costs are not more than $1 million;
(2) not later than the second anniversary of the date of the order if the costs are more than $1 million but no more than $2 million; and
(3) not later than the third anniversary of the date of the order if the costs are more than $2 million.