Tex. Utilities Code § 36.051
ESTABLISHING OVERALL REVENUES
Texas · Texas Utilities Code · Status: effective
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- Citation
- Tex. Utilities Code § 36.051, ESTABLISHING OVERALL REVENUES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/576586
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Full text
In establishing an electric utility's rates, the regulatory authority shall establish the utility's overall revenues at an amount that will permit the utility a reasonable opportunity to earn a reasonable return on the utility's invested capital used and useful in providing service to the public in excess of the utility's reasonable and necessary operating expenses.