Sec. 33.021. RATE DETERMINATION. (a) A municipality regulating an electric utility under this subtitle shall require the utility to submit information as necessary to make a reasonable determination of rate base, expenses, investment, and rate of return in the municipality.
(b) A municipality shall make a determination under Subsection (a) using the procedures and requirements prescribed by this title.
(c) A municipality shall retain personnel necessary to make the determination of reasonable rates.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 2 - Public Utility Regulatory Act
Subtitle B - Electric Utilities
Chapter 33 - Jurisdiction and Powers of Municipality
Subchapter B. Rate Determination
Section 33.021. Rate Determination
Section 33.0211. Rates and Fees Charged by Certain Municipally Owned Utilities
Section 33.022. Consideration of Revenues and Return From Nonexempt Area
Section 33.023. Ratemaking Proceedings
Section 33.024. Statement of Intent