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Texas Utilities Code - UTIL § 59.026. Complaint or Hearing

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.

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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/

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