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Tex. Util. Code § 58.053

INVESTMENT LIMITATION ON SERVICE STANDARDS

Known as the Public Utility Regulatory Act

The act spans §§ 11–66 (1,170 sections).

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

(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 company shall exclude:

(1) extraordinary investments made during the five-year period; and

(2) investments required by Section 58.203.

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