Tex. Util. Code § 39.259 · Subchapter F. RECOVERY OF STRANDED COSTS THROUGH COMPETITION TRANSITION CHARGE
ANNUAL REPORT: DETERMINATION OF INVESTED CAPITAL.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) For the purposes of determining invested capital in each annual report, the net plant in service, regulatory assets, and deferred federal income taxes shall be updated each year, and generation-related invested capital shall be reduced by the amount of securitization under Sections 39.201(i) and 39.262(c) to the extent otherwise included in invested capital.
(b) Capital additions to a plant in an amount less than 1-1/2 percent of the electric utility's net plant in service on December 31, 1998, less plant items previously excluded by the commission, for each of the years 1999 through 2001 are presumed prudent.
(c) All other items in invested capital shall be as approved in the electric utility's last rate proceeding before the commission.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/UT/htm/UT.39.htm
- Text hash
- sha256 4cc205e2401f6ddb26ce2a5bccbb7b1f65f846de89d1f8df21839b24bc40a513
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 4 provisions
Provisions in this library whose text cites Tex. Util. Code § 39.259. Each shows the citation as that text prints it.
Utilities Code
- Tex. Util. Code § 39.201COST OF SERVICE TARIFFS AND CHARGES.Printed as Section 39.259(b)
- Tex. Util. Code § 39.258ANNUAL REPORT: DETERMINATION OF ANNUAL COSTS.Printed as Section 39.259
- Tex. Util. Code § 39.262TRUE-UP PROCEEDING.Printed as Section 39.259(b) | Sections 39.257, 39.258, and 39.259
- Tex. Util. Code § 39.263STRANDED COST RECOVERY OF ENVIRONMENTAL CLEANUP COSTS.Printed as Section 39.259 | Section 39.259(c) | Sections 39.259(b)
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.