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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) An electing company may increase a rate for a basic network service during the election period prescribed by Section 58.054 only:
(1) with commission approval that the proposed change is included in Section 58.056, 58.057, or 58.058; and
(2) as provided by Sections 58.056, 58.057, 58.058, and 58.059.
(b) Notwithstanding Subchapter F, Chapter 60, 1 an electing company may, on its own initiative, decrease a rate for a basic network service during the electing period.
(c) The company may decrease the rate for a basic local telecommunications service to an amount above the service's appropriate cost. If the company has been required to perform or has elected to perform a long run incremental cost study, the appropriate cost for the service is the service's long run incremental cost.
Cite this article: FindLaw.com - Texas Utilities Code - UTIL § 58.055. Rate Adjustment by Company - last updated January 01, 2024 | https://codes.findlaw.com/tx/utilities-code/util-sect-58-055/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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