Sec. 36.203. FUEL COST RECOVERY; ADJUSTMENT OF FUEL FACTOR. (a) Section 36.201 does not prohibit the commission from reviewing and providing for adjustments of a utility's fuel factor.
(b) The commission by rule shall implement procedures that provide for the timely adjustment of a utility's fuel factor, with or without a hearing. The procedures must require that:
(1) the findings required by Section 36.058 regarding fuel transactions with affiliated interests are made in a fuel reconciliation proceeding or in a rate case filed under Subchapter C or D; and
(2) an affected party receive notice and have the opportunity to request a hearing before the commission.
(c) The commission may adjust a utility's fuel factor without a hearing if the commission determines that a hearing is not necessary. If the commission holds a hearing, the commission may consider at the hearing any evidence that is appropriate and in the public interest.
(d) The commission shall render a timely decision approving, disapproving, or modifying the adjustment to the utility's fuel factor.
(e) The commission by rule shall provide for the reconciliation of a utility's fuel costs on a timely basis.
(f) A proceeding under this section is not a rate case under Subchapter C.
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
Subchapter E. Cost Recovery and Rate Adjustment
Section 36.201. Automatic Adjustment for Changes in Costs
Section 36.202. Adjustment for Change in Tax Liability
Section 36.203. Fuel Cost Recovery; Adjustment of Fuel Factor
Section 36.204. Cost Recovery and Incentives
Section 36.205. Purchased Power Cost Recovery
Section 36.207. Use of Mark-Ups
Section 36.208. Payment to Qualifying Facility
Section 36.209. Recovery by Certain Non-Ercot Utilities of Certain Transmission Costs
Section 36.210. Periodic Rate Adjustments
Section 36.211. Relation Back of Rates for Certain Non-Ercot Utilities
Section 36.212. Rate Case Requirement for Certain Non-Ercot Utilities
Section 36.213. Adjustment for Cybersecurity Monitor Costs for Certain Utilities
Section 36.214. Recovery of Generation Investment by Non-Ercot Utilities