ESTABLISHING REASONABLE RETURN
Known as the Public Utility Regulatory Act
The act spans §§ 11–66 (1,170 sections).
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff
In establishing a reasonable return on invested capital, the commission shall consider applicable factors, including:
(1) the quality of the utility's services;
(2) the efficiency of the utility's operations; and
(3) the quality of the utility's management.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.