Sec. 101.002. PURPOSE AND FINDINGS. (a) This subtitle is enacted to protect the public interest inherent in the rates and services of gas utilities. The purpose of this subtitle is to establish a comprehensive and adequate regulatory system for gas utilities to assure rates, operations, and services that are just and reasonable to the consumers and to the utilities.
(b) Gas utilities are by definition monopolies in the areas they serve. As a result, the normal forces of competition that regulate prices in a free enterprise society do not operate. Public agencies regulate utility rates, operations, and services as a substitute for competition.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Subtitle A - Gas Utility Regulatory Act
Chapter 101 - General Provisions and Office of Public Utility Counsel
Subchapter A. General Provisions
Section 101.002. Purpose and Findings
Section 101.004. Person Determined to Be Affiliate
Section 101.005. Administrative Procedure
Section 101.006. Cumulative Effect; Application to Gas Utilities
Section 101.007. Liberal Construction
Section 101.008. Construction With Federal Authority
Section 101.009. State Authority to Sell or Convey Natural Gas