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Current as of January 01, 2024 | Updated by FindLaw Staff
(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 electing company shall exclude:
(1) extraordinary investments made during the five-year period; and
(2) investments required by Section 59.052.
Cite this article: FindLaw.com - Texas Utilities Code - UTIL § 59.029. Investment Limitation on Service Standards - last updated January 01, 2024 | https://codes.findlaw.com/tx/utilities-code/util-sect-59-029/
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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