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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) On or before the end of the company's election period, an electing company is not, under any circumstances, subject to:
(1) a complaint or hearing regarding the reasonableness of the company's:
(A) rates;
(B) overall revenues;
(C) return on invested capital; or
(D) net income; or
(2) a complaint that a rate is excessive.
(b) Subsection (a) applies only to a company that is in compliance with the company's infrastructure commitment under this chapter.
(c) This section does not prohibit a complaint, hearing, or determination on an electing company's implementation of a competitive safeguard required by Chapter 60.
Cite this article: FindLaw.com - Texas Utilities Code - UTIL § 59.026. Complaint or Hearing - last updated January 01, 2024 | https://codes.findlaw.com/tx/utilities-code/util-sect-59-026/
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 or via Westlaw before relying on it for your legal needs.
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