Tex. Util. Code § 53.057 · Subchapter B. COMPUTATION OF RATES
NET INCOME; DETERMINATION OF REVENUES AND EXPENSES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A public utility's net income is the total revenues of the utility less all reasonable and necessary expenses as determined by the commission.
(b) The commission shall determine revenues and expenses in a manner consistent with this subchapter.
(c) The commission may adopt reasonable rules with respect to whether an expense is allowed for ratemaking purposes.
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 41186c7977cbe88d1ae35586c47d7c57f49762c6e3899cb28d990eae884479ef
- 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 1 provision
Provisions in this library whose text cites Tex. Util. Code § 53.057. Each shows the citation as that text prints it.
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.