(a) This section applies only to a municipally owned utility or electric cooperative that has wholesale transmission rates established by the commission.
(b) Costs incurred by a municipally owned utility or electric cooperative to comply with § 38.102 shall be recorded as a regulatory asset for timely recovery in wholesale transmission rates established by the commission.

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Terms Used In Texas Utilities Code 35.010

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

(c) The commission may adopt rules relating to the recording of regulatory assets under this section.

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