Sec. 39.261. REVIEW OF ANNUAL REPORT. (a) The annual report filed under this subchapter is a public document and shall be reviewed by the staff of the commission and the office. Both staffs may review work papers and supporting documents and engage in discussions with the utility about the data underlying the reports.
(b) The staff of the commission and the office shall communicate in writing to an electric utility not later than the 180th day after the date the report is filed if they have any disagreements with the data or computations.
(c) The commission shall finalize and resolve any disagreements related to the annual report, consistent with the requirements of Section 39.258, as follows:
(1) for each calendar year, the commission shall finalize the annual report before establishing the competition transition charge under Section 39.201; and
(2) for each calendar year, the commission shall finalize the annual report and reflect the result as part of the true-up proceeding under Section 39.262.
Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.
Structure Texas Statutes
Title 2 - Public Utility Regulatory Act
Subtitle B - Electric Utilities
Chapter 39 - Restructuring of Electric Utility Industry
Subchapter F. Recovery of Stranded Costs Through Competition Transition Charge
Section 39.252. Right to Recover Stranded Costs
Section 39.253. Allocation of Stranded Costs
Section 39.254. Use of Revenues for Utilities With Stranded Costs
Section 39.255. Use of Revenues for Utilities With No Stranded Costs
Section 39.256. Option to Redirect Depreciation
Section 39.258. Annual Report: Determination of Annual Costs
Section 39.259. Annual Report: Determination of Invested Capital
Section 39.260. Use of Generally Accepted Accounting Principles
Section 39.261. Review of Annual Report
Section 39.262. True-Up Proceeding
Section 39.263. Stranded Cost Recovery of Environmental Cleanup Costs
Section 39.264. Emissions Reductions of "Grandfathered Facilities"