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Texas Utilities Code - UTIL § 59.021. Election

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) An incumbent local exchange company may elect to make an infrastructure commitment and to be subject to corresponding regulation under this chapter if the company:

(1) serves less than five percent of the access lines in this state; and

(2) has not elected incentive regulation under Chapter 58.

(b) A company makes the election by notifying the commission in writing of the company's election.

(c) A company electing under this chapter may renew the election for successive two-year periods. An election that is renewed under this subsection remains in effect until the earlier of the date that:

(1) the election expires because it was not renewed;

(2) the commission allows the company to withdraw its election under Section 59.022; or

(3) the legislature eliminates the incentive regulation authorized by this chapter and Chapter 58.

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Cite this article: FindLaw.com - Texas Utilities Code - UTIL § 59.021. Election - last updated January 01, 2024 | https://codes.findlaw.com/tx/utilities-code/util-sect-59-021/

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