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Tex. Utilities Code § 104.054

DEPRECIATION, AMORTIZATION, AND DEPLETION

Texas · Texas Utilities Code · Status: effective

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Tex. Utilities Code § 104.054, DEPRECIATION, AMORTIZATION, AND DEPLETION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/577704
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(a) The railroad commission shall establish proper and adequate rates and methods of depreciation, amortization, or depletion for each class of property of a gas utility or municipally owned utility. (b) The rates and methods established under this section and the depreciation account required under Section 102.152 shall be used uniformly and consistently throughout rate-setting and appeal proceedings.