Sec. 104.051. ESTABLISHING OVERALL REVENUES. In establishing a gas utility's rates, the regulatory authority 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 its reasonable and necessary operating expenses.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Subtitle A - Gas Utility Regulatory Act
Chapter 104 - Rates and Services
Subchapter B. Computation of Rates
Section 104.051. Establishing Overall Revenues
Section 104.052. Establishing Fair Rate of Return
Section 104.053. Components of Adjusted Value of Invested Capital
Section 104.054. Depreciation, Amortization, and Depletion
Section 104.055. Net Income; Allowable Expenses
Section 104.056. Treatment of Certain Tax Benefits
Section 104.057. Consideration of Certain Expenses
Section 104.058. Consideration of Profit or Loss From Sale or Lease of Merchandise
Section 104.059. Pension and Other Postemployment Benefits
Section 104.060. Consideration of Compensation and Benefit Expenses