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Texas Water Code - WATER § 13.1831. Test Year

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

A regulatory authority shall fix rates for water and sewer services for a Class A, B, C, or D utility based on a test year the utility selects that:

(1) includes historic, future, or combined historic and future data;

(2) begins on the first day of a calendar or fiscal year quarter; and

(3) is a consecutive 12-month period that:

(A) begins not later than 18 months after the date the utility files the statement of intent to change rates;  and

(B) ends not earlier than 18 months before the date the utility files the statement of intent to change rates.

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Cite this article: FindLaw.com - Texas Water Code - WATER § 13.1831. Test Year - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-13-1831/

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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