Sec. 58.053. INVESTMENT LIMITATION ON SERVICE STANDARDS. (a) The commission may not raise a service standard applicable to the provision of local exchange telephone service by an electing company if the increased investment required to comply with the raised standard in any year exceeds 10 percent of the company's average annual intrastate additions in capital investment for the most recent five-year period.
(b) In computing the average under Subsection (a), the company shall exclude:
(1) extraordinary investments made during the five-year period; and
(2) investments required by Section 58.203.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 2 - Public Utility Regulatory Act
Subtitle C - Telecommunications Utilities
Chapter 58 - Incentive Regulation
Subchapter C. Basic Network Services
Section 58.051. Services Included
Section 58.052. Regulation of Services
Section 58.053. Investment Limitation on Service Standards
Section 58.055. Rate Adjustment by Company
Section 58.056. Rate Adjustment for Changes in Fcc Separations
Section 58.057. Rate Adjustment for Certain Companies
Section 58.058. Rate Group Reclassification
Section 58.059. Commission Rate Adjustment Procedure
Section 58.060. Rate Adjustment After Cap Expiration