Tex. Util. Code § 53.051 · Subchapter B. COMPUTATION OF RATES
ESTABLISHING OVERALL REVENUES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In establishing a public utility's rates, the commission 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.
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.53.htm
- Text hash
- sha256 1911af0c71e39999005f7caa2ddd01812ab9fe308b2034e56988227f9e24343d
- 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
Cited by 2 provisions
Provisions in this library whose text cites Tex. Util. Code § 53.051. Each shows the citation as that text prints it.
Utilities Code
- Tex. Util. Code § 52.054RULES AND PROCEDURES FOR INCUMBENT LOCAL EXCHANGE COMPANIES.Printed as Sections 53.003, 53.006, 53.051, 53.052, 53.053, 53.054, 53.055, 53.057, 53.058, 53.060, and 53.062
- Tex. Util. Code § 56.032ADJUSTMENTS: SMALL AND RURAL INCUMBENT LOCAL EXCHANGE COMPANY UNIVERSAL SERVICE PLAN.Printed as Section 53.051
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.