Tex. Util. Code § 104.052 · Subchapter B. COMPUTATION OF RATES
ESTABLISHING FAIR RATE OF RETURN.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The regulatory authority may not establish a rate that yields more than a fair return on the adjusted value of the invested capital used and useful in providing service to the public.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/UT/htm/UT.104.htm
- Text hash
- sha256 2cb1c346ceff1fdcb79ae00ac086864765e4d915cfa8bb998b8bb3775c609fec
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.