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Tex. Util. Code § 104.054

DEPRECIATION, AMORTIZATION, AND DEPLETION

Known as the Gas Utility Regulatory Act

The act spans §§ 101–105 (133 sections).

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff

(a) The railroad commission shall establish proper and adequate rates and methods of depreciation, amortization, or depletion for each class of property of a gas utility or municipally owned utility.

(b) The rates and methods established under this section and the depreciation account required under Section 102.152 shall be used uniformly and consistently throughout rate-setting and appeal proceedings.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.